China ETFs Jump in U.S. on Stimulus Outlook Before Economic Data
- Deutsche Bank's A-share fund rises 3.7% to seven-week high
- Reports showing export, inflation slowdown expected this week
This article is for subscribers only.
Exchange-traded funds tracking Chinese A shares rallied in New York amid speculation policy makers will introduce more measures to boost growth in the world’s second-largest economy and stabilize mainland markets.
The Deutsche X-trackers Harvest CSI 300 China A-Shares ETF rose 3.7 percent to the highest since Aug. 21 on Monday. The Market Vectors ChinaAMC A-Share ETF increased 4.1 percent, also reaching a seven-week high. American depositary receipts of Alibaba Group Holding Ltd. advanced for a fourth day as Societe Generale SA analysts said they may be included in MSCI Inc.’s global investment benchmarks at a review next month.