ISHARES FTSE/XINHUA CHINA 25 INDEX (ETF) NYSE:FXI UNDERVALUED
iShares FTSE/Xinhua China 25 Index (ETF) NYSE:FXI has been upgraded to Buy with a 2012 price target of $60 issued today by Shayne Heffernan.
China has become the largest trade partner of the Association of Southeast Asian Nations (ASEAN), with two-way trade last year reaching US$230 billion.