That shift in assets could be key in essentially growing the pie for Chinese market participants, Ahern said.
But Chinese stock, mutual fund and bond ownership has been climbing in recent months, which could become a slow-yet-steady catalyst for the overall market, Ahern said."The 10-year Chinese Treasury ... was at 2.48% yield in April. Today, it's up over 3%," he said Monday. China's 10-year Treasury yield was still above 3% on Wednesday.
Dave Nadig, chief investment officer and director of research at ETF Trends, worried how the Chinese government's apparent influence over the market could impact it over the long term.
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