04 Apr China’s ‘national team’ bloats CSI 300 ETFs, as buying binge propels them to top of mutual-fund bracket
Posted at 23:00h
in Asia
China’s state-directed buying binge has swollen the size of exchange-traded funds (ETFs) tracking the underlying benchmark CSI 300 Index, vaulting these investment products to the top of the nation’s mutual-fund rankings.This intervention is reflected in the outperformance of the CSI 300 Index, which includes the...