China Tech ETF Sees Record Inflow Despite Global Chip Selloff

AI Summary

Despite a global semiconductor selloff, Chinese investors have poured a record amount into an exchange-traded fund that focuses on communication devices. This reflects strong demand and resilience in China’s technology hardware stock market.

Chinese investors poured a record amount into an exchange-traded fund focusing on communication devices on Friday despite a global semiconductor selloff, underscoring resilient demand for the country’s hardware stocks.