The Chinese Large and Mid-cap stocks segment experienced a surge of inflows on Tuesday of €+120.8 M. This represents the highest positive flow on a year-to-date basis showing investors are pouring capital back into the Chinese economy. There is a shift towards large market capitalization companies, with a fourth consecutive day of inflows for the Chinese all-cap segment. Also, MSCI announced that it will increase the weight of China A-shares in their indices, boosting investors sentiment. On a year-to-date basis, the segment has locked in a 20% performance.
43 ETFs replicating the performances of 28 indices are included in the segment, for a total of €7.4Bn of assets under management.