Strong Performance by Nasdaq Golden Dragon China Index and Related ETFs
During China's "Golden Week" holiday, overseas Chinese stocks and funds experienced notable gains. The Nasdaq Golden Dragon China Index increased by 3.1%, reaching its highest level since February 2, 2023, with a weekly gain of 11.9%.The iShares China Large-Cap ETF rose by 3.5%, marking its highest level since February 22, 2022, and recorded an 11% increase over the week. Similarly, the iShares MSCI China ETF advanced by 3.7%, hitting its highest point since March 2, 2022, with a weekly rise of 11.8%.The Kr ...