During China's "Golden Week" holiday, overseas Chinese stocks and funds experienced notable gains. The Nasdaq Golden Dragon China Index increased by 3.1%, reaching its highest level since February 2, 2023, with a weekly gain of 11.9%.
The iShares China Large-Cap ETF rose by 3.5%, marking its highest level since February 22, 2022, and recorded an 11% increase over the week. Similarly, the iShares MSCI China ETF advanced by 3.7%, hitting its highest point since March 2, 2022, with a weekly rise of 11.8%.
The KraneShares CSI China Internet ETF grew by 3.3%, achieving its highest value since February 9, 2022, with a weekly gain of 13.2%. Additionally, the Deutsche Bank X-trackers Harvest CSI 300 China A-Shares ETF surged by 5.3%, reaching its highest level since July 8, 2022, and posted a remarkable weekly rise of 20%.
The newly launched Roundhill Investments "China Dragon" ETF also saw an increase of 2%.
