Singapore's Great Sale That Wasn't: China Tourists Stay Away

Singapore's Great Sale That Wasn't: China Tourists Stay Away
Retailers billed it as the Great Singapore Sale. Chinese tourist Zhu Liang bought it, only to regret afterward. “We will never come here again to shop on purpose,” said Zhu, a 35-year-old businessman from Hangzhou. Visiting the city during the final …
Read more on Bloomberg

Bargain Shopping With China ETFs
For instance, among the largest China-related ETFs, the iShares China Large-Cap ETF (NYSEArca: FXI) shows a price-to-earnings ratio of 7.8 and a price-to-book of 1.1, iShares MSCI China ETF (NYSEArca: MCHI) has a 9.2 P/E and a 1.2 P/B, and SPDR …
Read more on ETF Trends

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s