MCHI: Betting On A Chinese Consumer Rebound (Archive)
China’s reopening positions MCHI for a potential consumer-led equity rebound.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- As China lifts COVID restrictions, the chips are in place for a bullish turnaround of its equity index.
- My technical analysis assessment using the flow, location, and trap points of view shows that iShares MSCI China ETF is poised to generate absolute returns and outperform the S&P500.
- The incoming mass migration of Chinese stocks to Chinese exchanges and a potential reversal in China's Consumer Confidence index are fundamental catalysts for bullish moves.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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