China’s Elite Role in Emerging Markets Has Traders Creeping Back
- Mobius says investors can’t ignore market despite risks
- China ETFs attracted $975 million of inflows amid rout
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A recovery in Chinese stocks following a meltdown at the start of last week underscored how investors in emerging markets have few alternatives that are as big and liquid.
After ditching the Asian nation’s assets amid the turmoil, there are already signs that folks are creeping back. Traders piled a net $975 million into Chinese exchange-traded funds last week, more than all other developing nations tracked by Bloomberg combined. The benchmark CSI 300 Index rose as much as 2.7%, its best day since May 25.