| The lopsided performance of exchange-traded funds tracking China's turbulent domestic markets is stanching the flow of new money into a market that once excited investors. Investors pulled $418 million out of ETFs tracking Chinese stocks that trade on the Shanghai and Shenzhen exchanges in the year to Dec. 21, withdrawals representing more than half the total assets held in those funds, according to FactSet Research Systems Inc.
Over the same period, ETFs tracking Chinese stocks not traded on the mainland attracted $1.2 billion. Much of the outflows came during a late-summer rout of once-high-flying stocks that exposed issues with government intervention, corruption and strict regulations for foreign investment...............................................Full Article: Source
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