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ETFs are in, bonds are out for investors in China
By
Hui Ching-hoo
- Asia
- Global
Mutual fund assets in China rose 16.4% year-on-year in September to hit a record 31.2 trillion RMB (US$4.32 trillion) as investors ditched bond funds for exchange-traded funds.
They pulled out some 152 billion RMB from the 12,100-plus locally domi...
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