Commentary
Global investors have started pouring money into Chinese stocks again, with a record $5.8 billion invested in Chinese equity exchange-traded funds (ETFs) in June.
The figure is a record for China, according to BlackRock, which publishes monthly data on Chinese equity ETFs stretching back to 2012. ETFs are baskets of securities that investors buy through a brokerage.
Money flows into China have been particularly strong since late 2020, according to the data, with the last ETF record reached in January with an influx of $4.3 billion.
International investors in China’s Shanghai and Shenzhen bourses are hopeful based on the easing of COVID-19 lockdowns and signals from Beijing regulators that they will decrease pressure on China’s tech sector and become more collaborative with the industry….