Wednesday, April 05, 2006

China on my mind

No question: China is still hot with investors. The safe route for many is to buy country ETFs, and many are making their play on China's economic ascendancy by buying PowerShares Golden Dragon USX China E.T.F. (AMEX: PGJ). Last week 2.1-million shares traded as the ETF powered to a 52-week high. PGJ has kept up the bullish price move this week and is gaining more ground. The current price is $16.87.
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