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5 Chinese Stocks to Ride the Reforms

These companies will benefit from the rising consumer class

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Global X China Consumer ETF

GlobalX185One of my favorite ways to play the China consumer is via the Global X China Consumer ETF (CHIQ). This exchange-traded fund holds China-based companies that provide a variety of goods and services to Chinese citizens, including companies in the auto, healthcare, food and even jewelry sectors.

The fund seeks investment results that correspond to the price and yield performance of the Solactive China Consumer Index, which is comprised of companies which have their main business operations in the China consumer sector.

Top holdings in the fund include gaming operator Melco Crown Entertainment (MPEL), automaker Great Wall Motor Co. (GWLLF) and beer-maker Tsingtao Brewery (TSGTY).

CHIQ is a way to play the China consumer field without having to hit a home run in one stock.

As of this writing, Jim Woods was long CHIQ. 

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