Chinese investors invest in Saudi ETFs amid growing ties between China and Saudi Arabia.
Chinese investors are pouring into Saudi ETFs amid growing economic and trading ties between China and Saudi Arabia. The Saudi-focused ETFs debuted in Shanghai and Shenzhen on July 16, enjoying a bumper start before being suspended due to excessive share price premiums. This investment surge follows local equities' poor performance, driving Chinese investors to seek better returns from overseas assets.
July 29, 2024
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