Since July, the Chinese government has been purchasing $2.5 billion worth of equities ETFs every day in an effort to boost the market following the AI decline. What's crazy is that China's government receives 10 times the average daily ETF inflow, which are just approximately $218 million. This would be comparable to the US Treasury purchasing $100 billion in ETFs every day.
This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.
Post your reply