Investors pour money into China ETFs as markets drop - report

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BEIJING : China's equity exchange-traded funds (ETFs) posted a net inflow of roughly 33 billion yuan ($4.68 billion) over the past month, signs of bargain hunting in a bearish market, the official Securities Times reported on Thursday.Investors poured money into mainly blue-chip ETFs such as ChinaAMC Chi

BEIJING : China's equity exchange-traded funds posted a net inflow of roughly 33 billion yuan over the past month, signs of bargain hunting in a bearish market, the official Securities Times reported on Thursday.

In contrast, six ETFs that track the small-cap CSI 1000 Index saw heavy outflows of roughly 23.8 billion yuan during the same period, reflecting shifting investor preferences, the report said.

 

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