Global funds flood into China's A-Shares, H-Shares ETFs as investor confidence rebounds

⁠⁠⁠⁠⁠⁠⁠Overseas index funds tracking Chinese A-shares and Hong Kong-listed H-shares saw significant net inflows last week, signaling renewed global investor confidence in Chinese equities amid improving macroeconomic conditions and technological advancements. 

Emerging market ETFs listed in the U.S. attracted over 800 million U.S. dollars last week, with 571 million directed toward funds focused on Chinese A-shares and H-shares, marking the highest among emerging markets. 

"Global investors are gravitating toward Chinese assets due to the government's intensified macro-policy support, including a higher budget deficit ratio reflecting its resolve to stabilize growth. The measures to boost domestic demand and consumption reflect a strong emphasis on people's livelihoods. The latest retail sales data, showing both year-on-year and month-on-month growth, prove these policies are taking effect. These factors will continue to bolster international confidence in China's market and attract sustained capital inflows," said Jiang Xianwei, senior global strategist at J.P. Morgan Asset Management.

Experts also highlighted China's technological breakthroughs as a key driver. 

"China's continuous advancements in AI and robotics have showcased the world the innovation capabilities of its companies. As these technologies expand into broader applications, they will comprehensively enhance China's competitiveness, spurring demand for hardware and software while fostering new business models. This will further elevate the global appeal of Chinese assets," said Wang Kai, Chief Strategist at Guosen Securities.

Global funds flood into China's A-Shares, H-Shares ETFs as investor confidence rebounds

A new batch of historical records unveiling the atrocities committed by the invading Japanese army in the 1937 Nanjing Massacre was released at a ceremony held on Friday in a museum in east China's Nanjing City, Jiangsu Province.

The massacre following the Japanese troops' capture of Nanjing, the then Chinese capital, on Dec 13, 1937, left more than 300,000 Chinese civilians and unarmed soldiers dead.

Friday's ceremony in the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders was just held days before the 88th anniversary of the one of the most barbaric episodes of World War II.

The released historical records include letters of Japanese soldiers, photos taken after the occupation of Nanjing by the invading Japanese army, archival records of military medics who died in the defense of Nanjing, and the English and French periodicals.

Analysts say the newly released historical records provide irrefutable evidence for restoring the truth of history and constitute a powerful rebuttal to the claims of the Japanese right-wing forces.

China releases new findings on Nanjing Massacre