Wednesday, November 14, 2007

ETF to Short China

For those who believe that the Chinese stock market is a bubble, there is now an easy way to take action on your convictions. The UltraShort FTSE/Xinhua China 25 ProShare (FXP) moves twice in the opposite direction of the Chinese stock market. The underlying index is the FTSE/Xinhua China 25 Index.

Doubling down on a global downturn
ProShares funds short booming Chinese stocks, other emerging markets