10-01-2025, 11:31 AM
They halt ETF tradings to stop PRC from buying them
Quote:Chinese Traders’ Demand for Global Stocks Prompt Rare ETF Halts
Two China ETFs tracking overseas shares suspended from trading
The ETFs’ premiums spiked as traders seek returns abroad
By Bloomberg News
January 9, 2025 at 9:34 PM EST
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Chinese investors’ fierce appetite for overseas shares has triggered rare, full-day suspensions on a pair of exchange-traded funds tracking global equities.
The Invesco Great Wall S and P Consumer Select ETF QDII and Harvest Der Dax ETF QDII have been suspended from trading until further notice after their premiums soared, according to exchange filings issued after market hours on Thursday. This marks an escalated degree of risk warning to investors, as halts on such funds usually last for an hour.The only
Trading Economics: In China, employed persons refer to who performed some work for one hour during the reference period.