China funds cut ETF fees, escalating price war in booming market
- Posted on November 20, 2024
- By Business News Today
- 3 Views
China funds cut ETF fees, escalating price war in booming market
Major Chinese fund companies slashed fees for equity exchange-traded funds (ETFs), aiming to attract investors and boost the burgeoning $400 billion sector. This move follows a pledge by China's top securities regulator to promote index investment and fee reform.
