Wallstreetcn
2024.10.14 19:42

Chinese stock ETFs surge in size, with more overseas long-term funds waiting for the right entry opportunity

Since late September, with a series of heavyweight policy "combinations" launched in China, overseas funds have been pouring into Chinese assets at an accelerated pace. According to statistics, several Chinese stock ETFs listed overseas continue to attract funds. Among them, the largest Chinese stock ETF listed in the United States - iShares China Large-Cap ETF (FXI) - has surpassed $10 billion in assets.

In the eyes of many foreign investors, profit-taking in the early stage may lead to market corrections, but in the short term, there is still momentum in the market driven by policies. Previously, global actively managed funds had a neutral or underweight allocation to A-shares. In the future, with the continuous improvement of China's economic fundamentals, overseas long-term funds waiting on the sidelines will accelerate their inflow into the Chinese market. (Securities Times)