Love ’em or Hate ’em, China Stocks Are Red Hot in Options Market
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China’s world-beating stock rally is dividing traders in the U.S. options market.
Demand has exploded in the past month for contracts that protect investors against losses as well as for those that profit from more gains in the largest U.S. exchange-traded funds tracking Chinese companies. It reflects a divided market outlook after the rally in mainland equities spread to their dual-listed peers in Hong Kong, stoking a 21 percent surge in the Hang Seng China Enterprises Index in the last 30 days.