The $1.4tn pumped into global ETFs in the first 10 months of the year surpasses the $1.33tn racked up in all of 2021
Hang Seng index down 1.5% after Beijing unveils $1.4tn plan to restructure local government debt but no consumer support
Funding has been drying up for car start-ups in fiercely competitive domestic market
Policymakers push companies to return cash to shareholders as they try to revive flagging stock market
Recent market rally will peter out without decisive policy action to boost the economy
Some estimates and theories
Government plans to increase spending to boost world’s second-largest economy
Small investors have piled into Chinese equity markets but many have already been burnt by wild price swings
Technology and self-sufficiency matter more than growth and profits
CSI 300 rises 1% as central bank launches lending facility to stabilise market
Bonanza helped lift global September inflows to $141bn, keeping industry on track for record-breaking year
Expectations of fiscal stimulus stoked a market rally that fizzled out this week
Investors turn to finance ministry briefing on Saturday in hope of more fiscal stimulus
Investor disappointment with lack of detailed plans limits gains in CSI 300 and triggers sharp sell-off in Hong Kong
Investors need to see (much) more for this to be sustained
Investment bank says equity valuations remain low as market prepares to reopen following buying frenzy
Beijing’s stimulus efforts may not be enough to win over battered foreign investors
International backers of Chinese equities want package to be accompanied by fiscal spending and reforms
Investors bet that rally which began with Beijing’s stimulus package has further to run
Beijing’s pledge to support capital markets and economic growth targets also helps lift European stocks and metals prices
Plus rehashes of Fed epiphenomenalism and small caps
Investors welcome ‘unprecedented’ central bank loans to try to boost markets but analysts say fiscal stimulus is needed
Chinese retail investors are a formidable force and known for their enthusiasm for tech names
Overseas flows into China’s equity market have turned negative for the year after $12bn exodus since start of June
Listing comes as closures of China-focused ETFs have risen to record level
