This is not a recommendation of trade.
1. ASHR is ETF of CSI300, which will directly benetif from Chinese central banks marketing supporting facitlities.
2. KWEB is the ETF of Chinese Tech companies. If Chinese government follow through their promise and deliver a strong fiscial support, Chinese economy will be jump-started. Those companies's earning prospects will improve greatly. Therefore, their valuation gap with their US counter part will be gradually closing. Note, there is a big valuation gap.
3. FXI have a large weights in financial sector and consumer discretionary sector. If you belive that Chinese economy will turn around, then financial sector and consumer demand will recover in a strong manner. FXI will be benefit the most from financial sector and consumer spending increase.
Again, not a recommendation.
