Observers also see the additional stimulus measures as a reaction to the heavy capital outflows, especially after the August currency devaluation, along with weaker-than-expected economic data and a stock market sell-off.
ETF investors have been pulling out of China after the bout of extreme volatility. For instance, ASHR saw $621.8 million in net outflows this year, according to ETF.com. Even after Chinese A-shares rallied off the late-August lows, ASHR experienced $179.3 million in redemptions. [ETF Investors Surprising Reaction To China’s Rally]
db X-trackers Harvest CSI 300 China A-Shares Fund
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Max Chen contributed to this article.