FXI

From China Stock Market

FXI is an iShare ETF that tracks the performance of FTSE China 25 index, which tracks the performance of 25 largest public companies in China. FXI began trading in Oct., 2004 and has since appreciated over 60% as of Nov. 2006.

The fund's management has allocated 62% of assets toward its top 10 holdings. Telecommunications is the fund's top industry holding, over 22%. Financial is the next biggest holding at around 19%. With the recent IPO of Industrial and Commercial Bank of China (ICBC), FXI will have a higher concentration of finanical stocks going forward.

How To Invest

The FXI can be bought with a brokerage account, just like any other Exchange Traded Fund.

Other Chinese ETF

There are a couple of other ETFs that invests in primarily Chinese H shares, including iShares Hong Kong ETF which now contains about 40% H shares, and SPDR S&P China ETF which has a broader exposure to the China market.

Other Stocks

• BLDRS Asia 50 ADR Index, ADRA
• Baidu, BIDU
• Vanguard Emerging Markets Index, VWO
• Morgan Stanley India Investment Fund, Inc.
• SINA
• SNDA
• SOHU
• Focus Media, FMCN