Not Everyone is Bearish on China (MS, FXP, FXI)

China Stocks (Bullish)
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Jack Wadsworth, Morgan Stanley (NYSE:MS) Asia honorary chairman talked with Bloomberg today and he sees growth by investing in Chinese equities.  Thus go Bullish on China with iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI) versus going bearish on China using the ProShares UltraSh FTSE/Xinhua China 25 (NYSE:FXP).

Wadsworth says "we're very far from having a bubble" in China and in the attached video explains why he's still going long. (Source: Bloomberg).  The FXP hit a new 52-week low last week of $6.97 while the FXI is just a few dollars away from its 52-week high of $46.66.  Read our article New 52-Week Low for ProShares UltraShort China But Call Volume Huge (FXP) published last week for more insight on the bearish China play.

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Ticker  Company Price Change Chg % Mkt Cap
FXP ProShares UltraSh FTSE... $7.27 +0.12 1.68% 383.94M
FXI iShares FTSE/Xinhua Ch... $43.67 -0.32 -0.73% 9.48B

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