China’s Biggest ETF Is Now a Gold Fund as National Team Retreats

A China spot gold ETF has overtaken the Huatai-PineBridge CSI 300 ETF to become the country’s largest exchange-traded fund, highlighting the extent at which state-backed support for the stock market has faded.

Jul 6, 2026 - 08:00
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China’s Biggest ETF Is Now a Gold Fund as National Team Retreats
A China spot gold ETF has overtaken the Huatai-PineBridge CSI 300 ETF to become the country’s largest exchange-traded fund, highlighting the extent at which state-backed support for the stock market has faded.

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