June has been the best month for China’s stock market in over a year and a half as they begin to ease up on Internet and Covid regulations. Investors have began funneling billions back into ETFs and stocks and the two biggest ETFs both saw over a billion in June. The iShares MSCI China ETF (MCHI) and the KraneShares CSI China Internet ETF (KWEB) both jumped +7.8% and +12% last month.
ETF Newz Says:
After the massive selloff China is starting to get back on their feet as investors hope that was the end.