China Gloom Spurs Record $2 Billion Rush Into Foreign Stock ETFs
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In January 2024, a record amount of Chinese money, totaling $2 billion, flowed into overseas equities through 33 onshore exchange-traded funds (ETFs) that track foreign benchmarks excluding Hong Kong. This is the largest monthly inflow since late 2020. More than half of the money went into US stocks, particularly the S&P 500, which reached new highs, while $204 million was invested in Japanese stocks.

#China #StockMarket #Etfs #Investment

https://www.bloomberg.com/news/articles/2024-02-03/china-gloom-spurs-record-2-billion-rush-into-foreign-stock-etfs