The iShares China Large-Cap ETF (FXI) is showing a bullish swing model with the price approaching a key risk trigger level at 37.03, supported by a strong historical hit rate of 74.36%. The lower band support is at 34.47, and the model's overall success rate is 89.74%, suggesting potential for continued upside momentum if the breakout holds. The FXI has delivered a 51% gain since the beginning of last year, outperforming the Emerging Markets ex-China ETF (EMXC) by more than 40 percentage points. Additionally, the Hang Seng Index announced the inclusion of Midea Group and ZTO Express, the Hang Seng Tech Index will add BYD, and the Hang Seng Composite Index will include Mixue Group and Guming Holdings. These developments reflect ongoing adjustments in major Chinese market indices and ETFs such as ASHR, KWEB, YINN, and others, highlighting investor focus on China-related assets.
🇨🇳 $FXI $ASHR $YINN $KWEB https://t.co/PrhNdoifE7
$FXI China ETF... +51% since the start of last year. Crushing the EM ex-China ETF $EMXC by >40ppt https://t.co/34J8hIT9q7
🇭🇰HANG SENG INDEX TO ADD MIDEA GROUP AND ZTO EXPRESS – ANNOUNCEMENT HANG SENG TECH INDEX TO ADD BYD. HANG SENG COMPOSITE INDEX TO ADD MIXUE GROUP AND GUMING HOLDINGS. #CHINA $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG @MKTNews24 #BYD $BYD Source: https://t.co/YVGzBG7iN7