AXAHY penetrating China marketMonthly chart shows it is on a nice uptrend. Notice also on the 4th attempt, it breaks out of the 50% FIB level , retrace and is now going upwards.
www.insurancejournal.com
With the rising income, many foreign insurers are eager for a piece of the insurance market in China,e.g. AIA and AXA.
Bullish on mid to long term. See Daily chart
