Today, the relationship is far less strained; trade pacts are commonplace; direct investment flows in both directions. What makes EWT a potential winner right now is the potential for an Internet boom on the mainland. To the extent social networking, gaming and video streaming continue to thrive in China, the information-technology heavy EWT (60%) should thrive as well. 3. Global X China Industrials ( CHII). This one may not have the volume to get the kind of trade execution that I prefer. But hey, if it's manufacturing success on the mainland, these are the very corporations that are producing things. CHII tracks an index that is designed to reflect industrial sector performance, from industrial equipment manufacturers to transporters (e.g., shipping, railway, etc.) to engineering firms.
In trading on Wednesday, shares of the iShares MSCI Singapore ETF entered into oversold territory, changing hands as low as $12.63 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.