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    China Gloom Spurs Record $2 Billion Rush Into Foreign Stock ETFs

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    OverviewAPI
    Chinese investors are flocking to foreign stock ETFs, including US and Japan, as they seek a way out of the sagging local stock market. Inflows into onshore ETFs tracking foreign benchmarks reached a record $2 billion in January, with over half of the money going into US stocks. Despite the risks, investors are undeterred, with a shift away from China as domestic investors lose faith in the local share market.

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    0.20.40.60.81.0Nov 2023Dec 2023Jan 2024

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