The 4 Hottest China ETFs of 2024: Billions in Inflows as Market Heat Surges
Fueled by China’s stock market stimulus, these ETFs have attracted billions in inflows over the past month.
Driven by China’s stimulus measures, U.S.-listed China ETFs have seen significant growth, attracting $13.3 billion in the past month, reversing early-year outflows. According to Bloomberg, net inflows for 2024 now stand at $8.2 billion.
FXI: Leading the Charge The iShares China Large Cap ETF (FXI) took in $6.1 billion last month, totaling $5.1 billion in 2024. FXI holds large-cap Chinese stocks, including Meituan, Alibaba, Tencent, and China Construction Bank.
YINN: Leveraged Growth The Direxion FTSE China Bull 3x Shares (YINN) pulled $1.5 billion in a month, now up 105% for the year. As a triple-leveraged ETF, it remains volatile.
KWEB & ASHR: Rising Stars Xtrackers CSI 300 ETF (ASHR) and KraneShares China Internet ETF (KWEB) also surged, with $1.7 billion and $2 billion in inflows. They track top stocks from Shenzhen, Shanghai, and major internet companies.
There are 44 U.S.-listed China ETFs with a combined $34.3 billion in assets, a rapidly growing segment driven by renewed interest in China’s market.
$(FXI)$ $(YINN)$ $(KWEB)$ $(ASHR)$ $(BABA)$ $(03690)$ $(00700)$ $(09988)$ $(SPY)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
