Investors Surge into China-Focused ETFs Following Beijing Stimulus
In a surprising turn of events, U.S.-based exchange-traded funds (ETFs) focused on Chinese markets experienced a massive influx of $5.2 billion in new assets in the past week, despite mainland China's financial markets being closed for a national holiday. The sudden rush of capital came in response to recent stimulus measures from Beijing, sparking optimism among asset managers that investor confidence in Chinese markets could endure.