Aug 30, 2023 04:31 PM
FINANCE
Biggest China ETF Sees Record Inflow on Market Turnaround Bets
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A pedestrian walks past the Shanghai Stock Exchange building in Shanghai on Sept. 22, 2015. Photo: Bloomberg
(Bloomberg) — China’s largest exchange-traded fund focused on stocks is poised to see its biggest monthly inflow on record, a sign that some investors are buying the dip and betting on a turnaround amid enhanced policy support. Huatai-Pinebridge CSI 300 ETF has attracted 32 billion yuan ($4.4 billion) of funds so far in August, the most since the product was launched in 2012.
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