🌟🌟🌟The stock market does not move in a straight line. However despite the recent pullback, I am long term Bullish on the Chinese A shares. I am currently invested in $iShares China Large-Cap ETF(FXI)$
FXI seeks to track the investment results of 50 of the largest Chinese companies that trade on the Hong Kong Stock Exchange. The Top 10 holdings include $MEITUAN-W(03690)$
I like FXI as it does the hard work for me in choosing the best Chinese stocks for a low price without having to choose which stocks to buy. FXI also pays great dividends every 6 months. The current dividend yield is 2.18%. FXI will go ex dividend on December 17 2024, just in time for the Christmas holidays.
In the short term, Chinese stocks maybe volatile but with patience and time in the market, I have great confidence that they will certainly grow exponentially in the long term.
【🎁有獎話題】A股持續回調!A50期貨史詩級牛市結束了嗎?
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- fuzzyx·10-17 14:48TOPGreat pick! FXI seems like a smart choice for long-term growth in Chinese A shares. [Applaud][Like]1Report
- Raisetothemoon·10-17 14:51TOPSeems like China is disturbing the market , yes n no news1Report