China Stocks Euphoria Fuels Surge in Emerging-Market ETF Flows.

Last week, money managers invested heavily in exchange-traded funds (ETFs) that buy Chinese stocks, following a wave of stimulus measures in China that boosted confidence in the country's stock market. Inflows to U.S.-listed emerging market ETFs totaled $3.87 billion, with four leading ETFs that invest in Chinese stocks receiving about $1.44 billion in cash. The recent net inflows into China ETFs indicate optimism that the government's stimulus efforts could result in stock market gains. This surge in Chinese stocks has also had a global impact, fueling risk-on sentiment across the developing world. [Extracted from the article]