You also cant actually legally own most Chinese stock. IE "internet" stocks. What you can buy is an instrument intended to track them. Its called a VIE.
That Alibaba stock you have? No, its a share from a seperate company setup in the Cayman Islands which should track the Alibaba stock. They are circumventing a Chinese law that makes foreign investment in Chinese companies illegal. It's a bad idea to own these.
That doesn't stop people from trying -- according to Yahoo Finance, FXI (iShares China Large-Cap ETF) was one of the most-traded (by volume) ETFs yesterday.
I'm well aware--not saying it's a good idea to invest in China, but many investors are trying it now thanks to the success of companies like DeepSeek. I have a feeling many of them will be eating large losses in the not-so-distant future.
The Chinese stock market...is not a fun place. It hasn't done very well in the last 5 years (unlike the US stock market) and is still way too subject to insider trading to be very accessible to most people. You can go with an emerging markets fund, but I would only do that as a hedge.
