China’s largest ETF is now a gold fund, not a stock index tracker
For years, the Huatai-PineBridge CSI 300 ETF was the undisputed heavyweight of China's fund industry. It tracked the country's benchmark equity index, it commanded hundreds of billions of yuan in assets, and it was the kind of product institutional investors parked money in almost reflexively. Then…
For years, the Huatai-PineBridge CSI 300 ETF was the undisputed heavyweight of China's fund industry. It tracked the country's benchmark equity index, it commanded hundreds of billions of yuan in assets, and it was the kind of product institutional investors parked money in almost reflexively. Then…
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