China ETFs Draw Billions After Stock-Market Selloff

Billions of yuan have flowed into broad-based exchange-traded funds (ETFs) in China following a sharp stock-market correction, in a buying pattern analysts say points to large institutional investors.

The inflows have concentrated in funds tracking the CSI 300 and technology-focused indexes. Brokerages say the purchases are helping support the mainland equity market, though whether they signal a sustained recovery remains uncertain.