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iShares China Large-Cap Message Board

  • good_boy_73 good_boy_73 Oct 17, 2012 1:46 PM Flag

    FXI - option to a Bond to Stock rotation

    As the bond market starts its slow implosion, ETF's like FXI should be seeing more inflows. FXI has been bouncing back and forth between $31 and $48 for 6 years now, with the exception of 2007 peak ($70), and the 2008 collapse ($20). Given that China will re-surface from the current slowdown, the current trading range ($31-$48) could be a good base for position build-up. Excellent yields make the waiting worthwhile for long-term investors. Premiums (P/E below 10, P/S below 1!) are definitely on the cheap side - even if you consider "slow" growth environment as the permanent one.
    ~Penguins Golden Egg~

    Sentiment: Buy

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