$iShares China Large Cap(FXI.US)FXI is just consumption + banking + online retail. Consumption, haha, everyone knows what it's like. The interest rate spread between bank loans and deposits is narrowing further, compressing profits with lots of bad debts. As for online retail, this year's Double 11, no one talked about buying anything. And about policies like swap facilities, first we need to see when the national team will actually buy and how much impact it will have. Plus, it's not even related to FXI—policies only support CSI 300ETF, and increased loans are only for A-share companies. Forget fundamentals, just looking at policies, FXI, this wild child, is bound to get beaten up. Add fundamentals into the mix, and it's just asking for a brutal beating...

Conclusion: Short-term speculation is still possible. Risk: No one knows when the big players will exit, requiring constant monitoring—waste of time.