Bloomberg on Nostr: Traders Flock to China ETFs on Optimism Driven by Policy Support ========== Money ...
Traders Flock to China ETFs on Optimism Driven by Policy Support
==========
Money managers are investing in exchange-traded funds (ETFs) tracking Chinese stocks due to recent government-backed measures that have boosted market sentiment. China recorded the biggest inflow across emerging-market countries for the week ended May 17, led by iShares MSCI China. The inflow into these funds was driven by growing optimism that China's government will take more steps to support its economy, especially on the fiscal side. Chinese stocks extended gains after Beijing unveiled a policy package to bolster the slumping housing market. However, some analysts believe the outlook for Chinese stocks is gloomy due to stress in the real estate sector, US-China trade tensions, depressed business confidence, and unfavorable long-term demographics.
#China #Etfs #MarketSentiment #GovernmentSupport #EconomicOutlook
https://www.bloomberg.com/news/articles/2024-05-20/emerging-market-etfs-rise-for-4th-week-in-3-49-bln-streak
==========
Money managers are investing in exchange-traded funds (ETFs) tracking Chinese stocks due to recent government-backed measures that have boosted market sentiment. China recorded the biggest inflow across emerging-market countries for the week ended May 17, led by iShares MSCI China. The inflow into these funds was driven by growing optimism that China's government will take more steps to support its economy, especially on the fiscal side. Chinese stocks extended gains after Beijing unveiled a policy package to bolster the slumping housing market. However, some analysts believe the outlook for Chinese stocks is gloomy due to stress in the real estate sector, US-China trade tensions, depressed business confidence, and unfavorable long-term demographics.
#China #Etfs #MarketSentiment #GovernmentSupport #EconomicOutlook
https://www.bloomberg.com/news/articles/2024-05-20/emerging-market-etfs-rise-for-4th-week-in-3-49-bln-streak