Chinese Stocks Climb 1.79% Higher

Chinese stocks rallied during Monday trading, as tensions on the Korean peninsula seemed to be easing.

Over the weekend, North Korea backed off an earlier threat to retaliate against drills being conducted by the South Korean military.

The SSE Composite Index of Chinese stocks opened in positive territory, then fell during the first hours of trading before it spent the rest of the trading day steadily climbing higher.

The index of Chinese stocks traded in Shanghai opened at 2,857.59, which was slightly above its closing level of 2,852.92 on the previous trading day.

The SSE Composite Index ended the Monday trading session in Shanghai up 51.20 points, or 1.79%, at 2,927.08.

The SSE Composite Index of Chinese stocks moved between 2,846.63 and 2,908.17 during Monday trading.

Investors who would like to invest in 25 of the largest Chinese equities might want to consider the iShares FTSE/Xinhua China 25 Index (NYSE: FXI), which seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua China 25 index.

Those who are interested in the broader Chinese market should take a look at the SPDR S&P China ETF (NYSE: GXC), which seeks to replicate as closely as possible, before fees and expenses, the total return performance of S&P China BMI index based upon the Chinese equity market.

If you think that Chinese stocks are headed lower, consider the ProShares UltraShort FTSE/Xinhua China ETF (NYSE: FXP), which seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the FTSE/Xinhua China 25 Index.

Read more from Benzinga's ETF news.