TREE NEWS reports: China’s broad-based ETFs saw trading volume surge on September 11, with weekly net inflows into equity ETFs exceeding 10 billion yuan from September 4 to September 10, led by broad-based funds. Li Jin, a fund manager at Rongtong Fund, said that overall market valuations remain at relatively low levels even after the recent correction, noting the resilience of Chinese companies’ overseas expansion and expressing cautious optimism about the outlook.
China’s Broad-Based ETF Trading Volume Surges, Net Inflows Exceed 10 Billion Yuan in a Week
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