Huaxia CSI 500 Index ETF Sees Record $2 Billion Inflow on July 21

According to Bloomberg, the Huaxia CSI 500 Index ETF, the largest fund tracking the CSI 500 Index, attracted record inflows of 13.8 billion yuan (approximately $2 billion) on Monday, July 21. While the source of the inflows remains unconfirmed, the scale suggests state-backed institutions are directing capital to support tech stocks amid recent selloffs.
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