Chi­na stocks the new trend? Lon­car launch­es in­dex

In a move that high­lights the in­creas­ing fix­a­tion on op­por­tu­ni­ties in Chi­na, a new stock mar­ket in­dex launched this morn­ing to track the per­for­mance of com­pa­nies lead­ing Chi­na’s biotech rise. This new in­dex will go by the sym­bol $LCHI­NA, and it in­cludes stocks on both the Hong Kong Ex­change and the Nas­daq.

Found­ed by Brad Lon­car, an in­de­pen­dent biotech in­vestor, through his com­pa­ny Lon­car In­vest­ments, the in­dex is the sec­ond formed by Lon­car that fol­lows ma­jor trends in biotech. His first in­dex, which de­buted in 2015, is a col­lec­tion of im­munother­a­py stocks un­der the in­dex $LCINDX.

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