Focus Stock of the Day (CHIX)
Trillions of dollars expected to flow into Chinese stocks
Between chinese pension funds needing more exposure to equities to global index changes adding chinese exposure trillions of capital will flow into these stocks over the coming years.
Chinese largest banks are expected to benefit greatly from this new capital flow. The 4 largest chinese banks are also the largest in the world.
Instead of trying to pick the ultimate winner I suggest you use an ETF to buy into the overall trend. Global X MSCI China Financials Fund (CHIX) has the top 12 holdings invested in the largest banks and insurance companies from mainland China.
Check it out.
Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.
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