Chinese Stocks Rebound In 2024 After 3-Year Slump: 3 ETFs To Watch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 03 2025
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Source: Benzinga
Chinese Stock Market Recovery: In 2024, Chinese stocks rebounded with the CSI 300 rising 14.7% and the Shanghai Composite Index gaining 12.8%, driven by strong policy support from authorities, particularly in banking and semiconductor sectors.
Performance of China-focused ETFs: Various China-focused ETFs like Franklin FTSE China ETF, iShares MSCI China ETF, and iShares China Large-Cap ETF saw significant growth in 2024, reflecting positive investor demand despite varying expense ratios.
Analyst Views on FXI
Wall Street analysts forecast FXI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 39.480
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Current: 39.480
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
