It would be interesting to see if FXI FTSE 25 China Xinhua would add this to their portfolio later in the future.22 billion IPO is a pretty big deal.
The good news is that FXI closed higher than it opened.
pretty big deal? it is the biggest deal! Shanghai has bottomed..
I think so too.. Shanghai Stock Exchange has reverted back to 2009 price. They should go back up slowly now.Today, FXI kinda weird. HKSE up overnight, now DOW/SPX also up but FXI is not moving at all.