FXI vs KWEB vs MCHI

[sam]

These 3 are the largest China etf.

KWEB is either US list ADR or Hong kong Shares

FXI is Hong Kong listed share

MCHI  that information I could not find in fund facts. They only shares ETF contain shares available to US investors. It is broad statement.

Does it matter which shares to buy?

Is Kweb moving from ADR to Hong Kong listed shares? If yes, would it be taxable event. ETF is down so much so there may be capital losses?

Any pros and cons of any of them?

[roi2020]

I don't have any specific insights regarding these three ETFs.
However, I'm wary of investing in China.
Chinese government policies do not serve the best interests of investors.
The government arbitrarily cracked down on internet and education companies last year.

[racqueteer]

I'm inclined to consider these a speculative bet. While I agree that, as an investor, it's hard to consider China investable, right now might be an opportunity to make a speculative bet short-term. Coincidentally, took a very small position in KWEB last week. Seemed to me that there COULD be some upside if China is going to leave them alone for a while; something that appears to be likely at the moment. I wouldn't invest anything I wasn't prepared to lose!

Edit:  I guess that was the kiss of death; down big this morning!