China exchange traded funds get a boost from One Belt, One Road initiative
Four China ETFs on SGX have generated total returns of 0.5% month-to-date and 4.4% year-to-date
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Singapore
CHINESE exchange traded funds (ETFs) are surging after Chinese President Xi Jinping kicked off the country's One Belt, One Road (OBOR) initiative at a forum in Beijing on Sunday.
In the year so far, China has seen the highest level of equity inflows in Asia, with a net inflow of US$18.9 billion.
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