
24/7 Wall St has chosen a few Chinese stocks and funds to see how the market reacted: iShares China Large-Cap (NYSEMKT: FXI), Direxion Daily FTSE China Bull 3X EFT (NYSEMKT: YINN), Templeton Dragon Fund, Inc. (NYSE: TDF), and iShares MSCI China (NYSEMKT: MCHI).
On Monday morning, shares of FXI were down 4.1% at $40.05 within its 52-week trading range of $36.72 to $52.85. It’s worth noting that shares are down 24.2% from their 52-week high. So far on the year shares are up 0.8% year to date.
YINN was down 12% year to date, and nearly an additional 12% from Friday’s close to $27.63. It has a 52-week trading range of $24.96 to $68.54 with units valued 59.7% lower than the high.
Shares of the Templeton Dragon Fund were down 3% at $22.81 on a 52-week trading range of $21.93 to $28.25. From the 52-week high shares are down 19.3% and so far are down 2% year to date.
MCHI shares were down 4% at $49.46. The stock has a range of $45.59 to $64.58, and shares are down 23.4% from the high. Year to date shares were actually up 2.7% prior to this trading session.
ALSO READ: Credit Suisse Remains Cautions in China
Credit Card Companies Are Doing Something Nuts (Sponsor)
We’ve been writing about ways to make, save, and invest money for over 20 years. But some of the cash back credit card rewards today still make our jaws drop. There are $200 cash bonuses, 3% back on gas and groceries, $0 fees, and even some 5% rewards out there right now. For the average American that could mean hundreds, even thousands of dollars on rewards a year.
Don’t miss out on rewards this good, there is no saying how long they’ll last. Click here to see our top picks.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.