Bullish Bets on China-Tracking ETFs Hit Highs Before Holiday End
The cost for short-term options on China-linked ETFs traded in the US rose to fresh highs Monday as shares extended a rally ahead of onshore markets reopening Tuesday after a week-long holiday.
Implied volatility for one-month options on $2.3 billion Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) jumped to a record high, while the same measure for $9.3 billion iShares China Large-Cap ETF (FXI) reached the highest level since 2020 and $8.36 billion KraneShares CSI China Internet ETF (KWEB) hit a two-year high.