Invesco Golden Dragon China ETF Price & Performance (PGJ)

JD.com’s new plan to support Chinese exporters entering domestic markets has triggered a 7% surge in its shares, with Alibaba and Baidu also advancing. The move, combined with recent US tariff exemptions on electronics, has lifted the Nasdaq Golden Dragon China Index by 6%, marking its strongest gain since March.12

Goldman Sachs has warned of a potential $800 billion divestment in Chinese stocks by US investors if financial decoupling escalates. This comes amid ongoing trade tensions and follows China’s willingness to resume trade talks if mutual respect is shown, raising uncertainty for Chinese equity funds.34

Recent filings show Raymond James Financial and several other institutions have increased their stakes in the Invesco Golden Dragon China ETF (PGJ). The ETF, tracking Chinese stocks, has seen heightened interest despite ongoing volatility, reflecting cautious optimism among professional investors about China’s market outlook.56