China ETFs: Goldman Sachs bullish on Chinese equities
Nov 16th, 2011 | By Simon Smith, CFAChinese equity ETFs have rallied impressively over the past six weeks, shrugging off Europe’s ongoing debt problem and pushing many through their 50-day moving average. While China bulls regularly emphasise the country’s tendency to outperform when the rest of the world is struggling, this latest rally points to a positive shift in market sentiment and could signal the beginning of a more sustained trend.