China State Fund Pumped $28 Billion Into ETFs as Turmoil Raged

China State Fund Pumped $28 Billion Into ETFs as Turmoil Raged

Chinese sovereign wealth fund Central Huijin Investment Ltd. pumped around 197.5 billion yuan ($27.6 billion) into exchange-traded funds in the second quarter, pushing back against a stock market rout that followed US President Donald Trump’s tariff announcements.

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