Chinese equities slumped Thursday, with exchange-traded funds that target stocks in the country seeing sharp drops amid concerns over the world’s second largest economy.
The iShares MSCI China ETF MCHI, which has $8 billion of assets under management, closed 3% lower Thursday, according to FactSet data. The KraneShares CSI China Internet ETF KWEB, with $6 billion of assets, fell 4.2%.
“China’s…
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