US4642871846 - ETF
Traders who scooped up millions of shares worth of bullish options over the past week in tiny, levered exchange-traded funds tracking Chinese indexes are up more than $130 million on paper as shares surged after top leaders in Beijing signaled stronger economic support next year.
Exchange-traded funds that buy Chinese stocks continue to see outflows amid rising concerns over the nation’s growth outlook and the risk of new tariffs under a Donald Trump administration.
Money managers pulled cash from exchange-traded funds that buy Chinese stocks last week as Donald Trump’s election victory stoked the risk of tougher tariffs, while stimulus measures failed to reassure investors that China can weather the coming storm.