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After Historic Rout, Chinese ETFs See Explosive Inflows As China "Among The World's Best Investments"

Tyler Durden's Photo
by Tyler Durden
Thursday, Jan 25, 2024 - 06:50 PM

Yesterday, we asked if the market was on the verge of crossing the China "inflection point" (and shared a trade recommendation on our private twitter feed), when after tumbling 11% in 2023 for the third year of losses, and losing over $6 trillion from their 2021 highs, the Chinese stock market was finally set to rebound after Beijing signaled in no uncertain term it would no longer sit idly by and watch as its market imploded day after day, following a quasi-bazooka of market-stabilizing measures.

It didn't take too long for sentiment to shift, and on Wednesday, just as Asian stocks halted their collapse and traded higher amid bets that the latest stimulus measures from Beijing will provide a floor for the cratering market, some of the largest China-tracking ETFs absorbed staggering inflow volumes.

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