China's "National Team" bought over 156 billion yuan in ETFs last week, hitting a record high
China's "national team" saw ETF purchases exceed 156 billion yuan last week, setting a record high. According to Bloomberg-compiled data, for the week ending November 6, capital inflows into nine exchange-traded funds (ETFs) frequently traded by the "national team" surpassed 156 billion yuan (approximately $2.3 billion), eclipsing the previous weekly high of nearly 140 billion yuan set during the trade war sell-off in April 2025.
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