It is now up more than 400 or 1.8%. China mainland is up 1.65% and Japan is up 1%.
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FXI has never had a negative July in seven years. Communist party Celebrated in July. Coincidence? Only if you believe the laws of politics work differently in China. Way late on this idea. Must wait for pullback or next year.
FXI seasonal returns for July
0.00 7.00 7.00 0.00 100.00 5.26 July
It’s never been down.