China A500 ETFs Inflows Surge to Record High Toward Year End
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Inflows to a group of exchange-traded funds tracking the CSI A500 Index surged to a fresh record on Thursday, with the strong activity leaving traders perplexed.Investors bought 8.7 billion yuan ($1.2 billion) worth of shares in seven of the largest CSI A500 ETFs, including that from Huatai-Pinebridge Fund Management Co., a day after a record turnoverBloomberg Terminal in the cohort. That compares with an inflow of just 220 million yuan into a group of eight funds known to be preferred by the national team.