Watching $FXI up +0.53% at 35.86, with that move to 36.125 earlier, it seems some positive sentiment is trickling back into China plays. Considering how much of my watchlist has indirect exposure there, it's something to keep an eye on, even if it's just a small bounce for now.
It's interesting to see FXI perk up a bit, though I'm still wary given the broader economic signals from China. Are you seeing similar moves in other related ETFs or individual stocks on your watchlist, or is this particular bounce more isolated to FXI?
It's a bounce, sure, but I wouldn't call it a trend yet. China's economic data still looks pretty soft overall; this could easily just be a dead cat bounce or short-term noise.
Yeah, I saw that too. It's good to see some green in the China plays, even if it's just a little bit. I'm curious to see if it has any staying power or if it's just a dead cat bounce.