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CN Equity ETF Net Inflows Hit All-time High Last Wk
Recommend 4 Positive 3 Negative 1 2025/04/14 09:15 GMT
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Chinese Exchange Traded Funds (ETFs) received record inflows, suggesting that state-backed buyers are resisting the impact from US President Donald Trump's tariff offensive on the market with all their strength. Domestic equity ETFs saw net inflows of nearly US$24 billion last week, surpassing the record of about US$23 billion set in October, according to Bloomberg's data. Most of the capital went into ETFs favored by “national team”. The influx of capital underscores the Chinese authorities' urgent response to the heapy decline in the stock market due to the escalation of the trade war. The People's Bank of China (PBOC) said last week it would provide sufficient liquidity to the Central Huijin Investment Ltd., a sovereign fund that calls itself a “stock stabilization fund". The measures are taking initial effect, with the CSI 300 Index rising for the fifth straight day after plunging 7.1% last Monday.
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