Broad-based ETFs on the Rise as RMB 300 Billion Flowed into Passive Investing

GUANGZHOU, China, Aug. 21, 2023 /PRNewswire/ — Despite the market volatility this year, there remained a core foundation of inflows into equity ETFs. So far this year, equity ETFs took in more than RMB 300 billion (USD 41.4 billion), according to China Galaxy Research Institute….