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lentinman

05/29/07 9:19 AM

#73470 RE: rocketeer357 #73465

Rocket: China ETF:

There are at least a few ETFs that have to do with China. However, I don't think there is any such animal that has to do with the SSE - the index that is exclusively China stocks traded in China. The reason is because an ETF typically exists only because it owns the underlying stocks that make it up. Since virtually nobody but Chinese can own the stocks in the SSE, then I doubt that any ETF exists that mirrors it.

Having said that, although I doubt that they will get hammered anywhere near as bad, other Chinese ETF's that are based on Hong Kong or US traded Chinese companies would be one way to go.

Len