China ETFs Draw Billions as Investors Look to Fiscal Stimulus

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Investors drove massive inflows into exchange-traded funds that buy Chinese stocks last week on optimism over additional fiscal stimulus, even as local shares came off the highs reached the week before.

Inflows to U.S.-listed emerging market ETFs that invest across developing nations as well as those that target specific countries totaled $5.44 billion in the week ended Oct. 11, despite a small outflow from bond funds, according to data compiled by Bloomberg. Chinese stocks attracted $5.15 billion.