Traders Flock to China ETFs on Optimism Driven by Policy Support
- China led inflows across emerging market peers last week
- Real-estate rescue package, fiscal policy boost sentiment
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Money managers are piling into exchange-traded funds tracking Chinese stocks after recent government-backed measures boosted market sentiment.
China recorded the biggest inflow across emerging-market countries for the week ended May 17 — of $488 million — led by iShares MSCI China (ticker MCHI). That’s a sharp turnaround for funds with China exposure that saw months of outflows as investors sought strategies excluding the Asian country amid concerns about its economic challenges.