The sovereign fund bought at least 300 billion yuan ($41.42 billion) of exchange-traded funds (ETFs) in the first quarter, including Huatai-PB CSI300 ETF, E Fund CSI300 Index ETF, Harvest CSI 300 ETF, ChinaAMC CSI 300 ETF and ChinaAMC China 50 ETF, the ETFs' reports show.
The purchases helped China's CSI300 blue-chip index bounced back roughly 14 per cent from five-year lows hit in February. The rebound was also aided by a slew of market-friendly policies and replacement of China's top securities regulator.
Bu hikaye Business Standard dergisinin April 23, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin April 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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