Tumbling Internet Shares Forcing One China ETF Lower
December 04, 2012 at 14:39 PM EST
Shares of the PowerShares Golden Dragon China Portfolio (NYSE: PGJ ) are off 2.7 percent today despite strong moves in other China ETFs and it looks like weakness in Chinese Internet is to blame. Shares of Baidu (NASDAQ: BIDU ), PGJ's second-largest holding with a weight of 6.73