Tech ETFs draw record inflows as Beijing pledges stability
The "national team" of Chinese state-backed funds came into public view on July 19, about a week before memory chip maker CXMT’s initial public offering. (Nikkei montage/Source photos by Getty Images and Reuters) Trading AsiaTech ETFs draw record inflows as Beijing pledges stabilityWATARU SUZUKIAugust 10, 2026 06:00 JST
The market bailout is a reminder that China remains dependent on exports for growth.
Chinese tech firms raised $217 billion through IPOs and bond sales over two years, but still trail U.S. peers by more than 6-to-1
The steady market performance could offer some comfort to Chinese regulators. Read more at straitstimes.com. Read more at…
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