GIULIETTA TALEVI: Does tragedy loom in China’s stock surge?
The East Asian country’s share market is the best performing in the world this year. But a previous rally, in 2015, ended in fairly dramatic fashion over the course of a few months, burning plenty of would-be investors who thought they’d bought into the big time
In case you missed it, yesterday was the first day of trading on the JSE for a new SA-listed China-focused exchange traded fund (ETF).
The Satrix MSCI China ETF, as it’s called, is the easiest way for South Africans to get exposure to companies like Alibaba, Tencent, Ping An Insurance and China Mobile. According to Satrix, it is “the most successful IPO since the Satrix 40 launched in November 2000”...