China's Biggest ETF Reaches $28 Billion on National Team Buying

(Bloomberg) -- Recent state-fund buying of Chinese equities in a bid to bolster market confidence has helped lift the value of the nation’s largest onshore stock exchange-traded fund to a record of 200 billion yuan ($28 billion).Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryChina Has Never Canceled This Many Shipments of US WheatUnited Tells Boeing to Stop Making Its Long Delayed Max 10sOne

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