Global X China Financials ETF

• New Banking Rules Shake up Major Chinese ETFs

  By Peter Pham - April 23, 2013 | Tickers: CHIX, FXI, MCHI, TCEHY.PK

  When it comes to Chinese ETFs, the first name that pops up in an investor’s mind is the FTSE China 25 Index Fund ETF (NYSEMKT: FXI). With an enormous market cap of $7 billion, this ETF represents the blue chips of the Chinese economy, particularly its financial services sector. FXI is now changing its structure and becoming more diverse. But currently, investors looking for exposure towards large cap Chinese more »

• China Construction Bank’s Profit Runs Counter to Trends

  By Peter Pham - August 31, 2012 | Tickers: BAC, CHIX, GS, SPY

  One of the largest Chinese banks, China Construction Bank (CCB), a primary component of the Global X China Financials ETF (NYSEMKT: CHIX), and the country’s second biggest bank in terms of assets, posted impressive results for the second quarter of the current year, with quarterly profits increasing by 20%. Net income also rose to $8.6 billion for the quarter, beating analysts’ estimate of $7.8 billion, thus making more »