China's Sudden Stock Rally Points to ETF Buying by State Funds – Yahoo Finance
(Bloomberg) — Chinese stock benchmarks rallied in afternoon trading, with volume surging in some major exchange-traded funds (ETFs), prompting speculation that buying by state-run funds could be behind the reversal. is increasing. Most Read Articles on Bloomberg The Huatai Pine Bridge CSI 300 ETF's trading value soared to 15.3 billion yuan ($2.1 billion) on Thursday, […]
Stock market today: Asian shares sink as jitters over Chinese markets prompt heavy selling – Yahoo News
Wall Street headed lower before markets opened on Tuesday after a long weekend, while Hong Kong's benchmark fell more than 2% as worries over the outlook for China cast a shadow over regional markets. U.S. markets were closed on Monday, leaving investors unable to take any cues from overnight trading. Before the bell, S&P 500 […]