The U.S. listed MSCI China ETF (MCHI) has seen record inflows this week of over $270 million, the most since 2011. MCHI surged +7% after news that regulators in China were finishing their probe of Didi Global, which in turn leads to more optimism for a rebound from investors.
China ETF Sees Biggest Inflows Since 2011
ETF Newz Says:
Tech stocks have been in rough water recently but the end of the probing should prove beneficial for investor confidence in the market.