China ETFs jump as overseas investors flock back to Chinese assets after Beijing vows more measures to boost economic recovery
July 25, 2023 at 12:29 PM EDT
China-related ETFs continued to surge on Tuesday after Beijing pledged to ramp up stronger stimulus measures to bolster the country’s stumbling economic recovery, lifting bullish sentiment as foreign investors were injecting more money into Chinese equities despite low growth in the first half of 2023.
