There is a liquidity problem for many Chinese ETFs
Size isn’t everything, but there are limits to how small traders are willing to get in pursuit of market-beating performance — especially in notoriously volatile emerging markets.
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Size isn’t everything, but there are limits to how small traders are willing to get in pursuit of market-beating performance — especially in notoriously volatile emerging markets.
Chinese internet portal Tencent (TCEHY, quote) reported today that revenue was up 45% to $4.5 billion in 2011. Net profit increased 26% to 1.6 billion, with basic earnings beating estimates at 5.609 RMB ($0.88) per share.