# <center>Huge opportunity in China</center> China's banking sector is a giant. The four largest banks in the world by assets are in China. Move aside USA. China's largest bank, the Industrial and Commercial Bank of China, is twice the size of JPMorgan Chase. These banks are also dirt cheap, about half the cost of U.S. banks based on earnings. You will also be rewarded for waiting with larger dividend payments. These banks are no riskier than their U.S. counter parts and by buying cheaper a lot can go wrong with the business before you loss money on them long term. The best way to gain exposure to Chinese banks today is through Global X MSCI China Financials Fund (CHIX). The fund holds a basket of boring and well established businesses. ![image.png](https://ipfs.busy.org/ipfs/QmUnuCEpF7xiadFhi3e6Paexn1NuN37mrKMkfCJs4WLxhA) This opportunity may not last long. Take a look today. https://steemitimages.com/DQmNuF3L71zzxAyJB7Lk37yBqjBRo2uafTAudFDLzsoRV5L/Upvote%20Gif.gif Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.
post_id | 78,237,176 |
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author | slider2990 |
permlink | 3pd8gi-focus-stock-of-the-day-chix |
category | money |
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created | 2019-07-22 22:27:33 |
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voter | weight | wgt% | rshares | pct | time |
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slider2990 | 0 | 37,568,907,727 | 100% | ||
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sadon | 0 | 574,749,023 | 100% | ||
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forthwind | 0 | 574,749,023 | 100% | ||
althalos | 0 | 574,063,315 | 100% | ||
fendrel | 0 | 574,063,315 | 100% | ||
charlesthebald | 0 | 574,749,022 | 100% | ||
benedict101 | 0 | 574,749,022 | 100% | ||
sbi8 | 0 | 78,629,879,477 | 100% | ||
sbi9 | 0 | 65,500,724,530 | 100% | ||
sbi10 | 0 | 39,125,335,480 | 100% | ||
bluesniper | 0 | 326,281,240 | 0.1% | ||
map10k | 0 | 5,670,489,247 | 0.45% |
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post_id | 78,237,999 |
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author | tts |
permlink | re-3pd8gi-focus-stock-of-the-day-chix-20190722t230141 |
category | money |
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created | 2019-07-22 23:01:42 |
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