FYI: Chinese investors, including vehicles of the so-called National Team, are marching in to buy the nation’s equities. Just not directly.
A total of 255 exchange-traded funds tracking Chinese equities saw $7.34 billion of net inflows in October, data compiled by Bloomberg showed. That’s the most for any month and nearly 20 percent more than the previous record of $6.14 billion of inflows during the depth of the 2015 stock rout. The Shanghai Composite Index fell almost 8 percent last month, and is headed toward its worst year since 2011.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-11-02/china-s-state-funds-spur-record-7-3-billion-influx-to-etfs?srnd=etfs
