Volatile markets mean quick profits in China can easily turn into even faster losses. It is a long-term growth story so investment horizons have to match. Paul Burgin reports.
Anyone tracking Chinese indices has experienced a breathtaking ride during the past ten years. The broad MSCI China index is up just over 300% but hit 600% at its 2007 peak. Mainland China A shares, unavailable to foreign investors, had a slightly less bumpy ride. Index returns on B shares held by foreigners have gained the least, up just over 150%, having peaked lower before dipping into negative territory during 2009. The market slides in late 2007 and early 2008 took the edge off fund performance too. Even so, the IMA China/Greater China sector average is up 78.4% over the five yea...
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