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Market Overview

China ETFs including TAO and XPP Having a Big Day

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China related ETFs including the Claymore China Real Estate ETF (TAO) and Ultra FTSE/Xinhua China 25 ProShares ETF (XPP) are up 3.6% and 2.7% respectively. These moves are in response to the Shanghai Stock market being up 4.8%. The index has been gyrating wildly over the past month, while YTD it remains up 42%.

 

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