#Latest news with #ChinaAMCSSE50ETFBloomberg18-04-2025BusinessBloombergLast-Minute Bounces in Chinese Stocks Suggest Hidden State HandChina's sovereign wealth fund appears to have stepped in to shore up stocks this week as escalating trade tensions with the US rattle investors. Exchange-traded funds known to be favored by China's so-called national team saw a surge in turnover in the final 20 minutes of the session in the past three days. The pick-up in trading in Huatai-Pinebridge CSI 300 ETF and China AMC SSE 50 ETF helped the Shanghai Stock Exchange Composite Index advance for an eighth straight day, marking its longest winning streak since October.
Bloomberg18-04-2025BusinessBloombergLast-Minute Bounces in Chinese Stocks Suggest Hidden State HandChina's sovereign wealth fund appears to have stepped in to shore up stocks this week as escalating trade tensions with the US rattle investors. Exchange-traded funds known to be favored by China's so-called national team saw a surge in turnover in the final 20 minutes of the session in the past three days. The pick-up in trading in Huatai-Pinebridge CSI 300 ETF and China AMC SSE 50 ETF helped the Shanghai Stock Exchange Composite Index advance for an eighth straight day, marking its longest winning streak since October.
18-04-2025
