China's largest ETF is expected to see record-breaking monthly capital inflows.

Zhitong
2023.08.30 02:36
portai
I'm PortAI, I can summarize articles.

China's largest stock exchange-traded fund (ETF) is set to receive the largest monthly inflow of funds on record.

According to Dolphin Research, the largest stock exchange-traded fund (ETF) in China is expected to experience the largest monthly capital inflow on record. This indicates that some investors are buying on dips, betting that the stock market will turn around as policy support increases. Data shows that as of August, Huatai Bairui CSI 300 ETF has received a capital inflow of 32 billion yuan, the highest since its launch in 2012.

Information shows that earlier this month, the size of Huatai Bairui CSI 300 ETF exceeded 100 billion yuan, becoming the first publicly offered stock ETF with a size exceeding 100 billion yuan, and it is currently the largest non-monetary fund in the market.

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.