Market Extra: China-focused ETFs drop as country’s property woes highlight ‘recession risks in China are real’

by | Aug 14, 2023 | Stock Market

Exchange-traded funds that buy Chinese stocks slid Monday, extending back-to-back weekly losses after China’s disappointing economic data and fresh worries cast a cloud over the country’s property sector. Shares of the iShares MSCI China ETF
which has about $8 billion of assets under management, closed down 0.7% on Monday while on pace for their worst month since May, according to FactSet dat …

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