Surge of inflows into China ETFs fuel state buying speculation - reports

Figures from Z-Ben, a Chinese consultancy, cited in a report by the FT revealed the four ETFs, which track China's CSI 300 index, now hold assets under management exceeding $25bn, following a surge of inflows over an eight-day period. The largest ETF, Huatai-PineBridge CSI 300 ETF, has now surpassed $13.8bn, or CNY 100bn, making it the first non-money market ETF to do so in the region. China moves into deflation as prices fall for first time since early 2021 The rapid inflows have led some to speculate the funds may have come from China's 'national team', a term coined in 2015 ...