China Broadens Market Rescue With Record Inflows Into Tech ETF
China broadened its stock-market rescue after the Shanghai Composite fell 5.8% and the STAR 50 slid 16.9% the prior week. State operators China Reform and China Chengtong deployed about 60 billion yuan ($8.9 billion) into equities and ETFs, while 23 ETFs favoured by Central Huijin drew 96.1 billion yuan of net inflows.
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