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And if you look at the composition of the indices and ETFs you realize that you aren't participating in the innovative China, but get typical developing country
by oezi 4mo ago
And if you look at the composition of the indices and ETFs you realize that you aren't participating in the innovative China, but get typical developing country stocks and very limited exposure to innovation.
Also -10% over the last 5 years vs. +103% for the S&P500
- throwaway2037 4mo ago> the innovative China Can you give some example listed stocks that you consider (1) innovative and (2) not a member of CSI 300?
- oezi 4mo agoWell, I mean Alibaba, Tencent, Xiaomi, PDD/Temu, Baidu, Bilibili, NIO, XPeng... These aren't in the CSI 300 and the legal constructs of listing them via HK or other stock exchanges is unfortunately often questionable.
- throwaway2037 4mo agoAll good points. So why not just buy Hang Seng Index? Most of the growth in HSI comes from these innovative Mainland Chinese companies. You don't need to worry about CSI 300 and all of the silliness around CNH current!