BusinessPhoto: Mint MarketsChina State Funds Increase Market Support Amid 10-Week Stock Slump
China’s benchmark CSI 300 Index has faced a record 10-week losing streak, prompting signs that state-backed funds are increasing market support. Last week, inflows into ETFs favored by the National Team surged to the highest since July. Analysts note large institutional buying concentrated in broad-based ETFs, coinciding with market declines. The index fell 3.4% last week but rose 0.3% Monday after stronger-than-expected Q3 growth data, remaining about 17% below its June peak.
Mint Markets·


