China stock ETFs rip higher even as mainland markets close for holiday

Based on the current bullish sentiment and substantial government stimulus aimed at supporting the economy, Chinese stock ETFs are likely to continue seeing positive momentum. The strong performance from major holdings (like JD.com) further supports this outlook.

The stimulating actions taken by the Chinese government are expected to attract further investment in Chinese equities. Consequently, ETFs such as FXI may also experience upticks, benefiting from the overall positive sentiment in the market.

With the recent bazookas of monetary policy measures and favorable investor sentiment towards Chinese markets, ETFs such as MCHI should also see positive movement as investors seek exposure to China amidst optimism for growth.

The ongoing rally in Chinese stocks, driven by renewed optimism following government support, is likely to push PGJ higher as investors remain bullish on the tech and internet sectors in China.