Are China ETFs losing money to Stock Connect?
With $11 billion having left A-share exchange-traded funds since September, industry players say some of it has shifted to the Shanghai-Hong Kong cross-border trading scheme.
Some market observers believe the Shanghai-Hong Kong Stock Connect is partly responsible for $11 billion in net outflows from China equity exchange-traded funds since September.
A-share ETFs were previously the only way for foreign investors to gain access to onshore Chinese stocks if they did not have offshore renminbi quotas, but that is no longer the case. The November launch of Stock Connect allows direct trading of shares on the Shanghai Stock Exchange via Hong Kong's bourse …
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