China’s Wealth Fund Purchases ETF Shares Amid Market Uptick
China’s Wealth Fund Purchases ETF Shares Amid Market Uptick China’s sovereign wealth fund, Central Huijin Investment Ltd., part of the $1.4 trillion China Investment Corp., broadened its market interventions by purchasing exchange-traded funds (ETFs) on Monday. This move extends beyond its recent bank shares acquisitions, signaling heightened efforts to stimulate the faltering stock market. While […]