I refer to my previous post on the Shanghai stock market, where I mentioned my interest to invest in China at this point in time. To gain exposure to this market, I am planning to buy for the portfolio the Morgan Stanley China A Share Fund, Inc (ticker: CAF) listed on the New York Stock Exchange. The Fund invests at least 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges.
Below a weekly chart of the Shanghai Se Composite index.
And here the weekly chart of Morgan Stanley China A Share Fund:
The price of CAF has broken the 40 week (= 200 day) moving average to the upside. I am getting prepared to buy...
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