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$iShares China Large-Cap ETF(FXI)$  The Hong Kong market is underperforming due to a larger presence of speculative investors, who react quickly to global uncertainties, amplifying volatility. In contrast, the mainland Chinese market remains more stable, thanks to strong support from the Chinese government and the CCP. The CCP intervenes through policies, liquidity injections, and other measures to stabilize the market, fostering long-term investor confidence. This government backing helps shield China’s market from the same level of fluctuation seen in Hong Kong.

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