China National Team-Tied ETFs Were Among Most Bought in Selloff
Trading in eight Chinese exchange-traded funds — widely used by the so-called national team of state-linked investors — surged to nearly 29 billion yuan ($4.1 billion) on Friday, about twice...
By John Liu, April Ma · Bloomberg Markets
Trading in eight Chinese exchange-traded funds — widely used by the so-called national team of state-linked investors — surged to nearly 29 billion yuan ($4.1 billion) on Friday, about twice the past month’s daily average, as the stock market slumped.