Volley of easy money polices and cues of faster-than-expected launch of vaccines in the second half of 2020 made these foreign ETFs winners in 2020.
Alibaba raked in a record-breaking $56 billion in sales in the first 30 minutes of Singles' Day.
Failed stimulus talks, subdued tech earnings and rising coronavirus cases on the global front led to the Wall Street woes in October. However, some areas gained too.
Wall Street was upbeat last week with the S&P 500, the Dow Jones and the Nasdaq gaining about 3.3%, 2.6% and 3.4%, respectively.
Policy easing, subsiding trade tensions, technological disruption and solid household savings should boost these China ETFs in 2020, even after a solid 2019.
This China consumer discretionary ETF has hit a new 52-week high. Are more gains in store?
Investors seeking to tap Singles' Day benefits in a diversified way should focus on the following four ETFs that provide substantial exposure to the Chinese e-commerce segment.