Finance
China ESG Funds Sidestep Stock Market Sell-Off on Fresh Inflows
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ESG funds in China are outperforming the broader market amid an equity rout, as fresh inflows into sustainable assets across Asia boost returns, according to Bloomberg Intelligence.
Exchange-traded funds that invest in renewable energy, electric vehicles and other green assets have posted gains as high as 35% this year, even as China’s benchmark index declines amid government crackdowns on the technology, education and real estate sectors.