Home News China Stock ETFs See Mass Outflows

China Stock ETFs See Mass Outflows

Chinese stock ETFs saw mass outflows this week as investors are unsure of their growth views. In total $327 million was pulled from ETFs invested in Chinese stocks as the CSI 300 Index has fallen 15% so far. The Xtrackers Harvest CSI 300 China (ASHR) and the KraneShares CSI China Internet Fund (KWEB) were hit the hardest seeing withdrawals of $179 million and $174 million.

ETF Newz Says:

Investors may be losing faith that China will be able to continue their economic drive.