Chinese investors pile into Saudi ETFs as two countries grow closer

Q: How long will it take to read this news story?

The story "Chinese investors pile into Saudi ETFs as two countries grow closer" has 553 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Chinese investors pile into Saudi ETFs as two countries grow closer" was covered 8 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 207 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21816483</li><li>URL: https://beamstart.com/news/chinese-investors-pile-into-saudi-17222208452452</li></ul>

Business Standard Logo Business Standard 8h ago

Chinese investors pile into Saudi ETFs as two countries grow closer - Business Standard

Quick Summary:

The Saudi-focused ETFs enjoyed a bumper start when they debuted in Shanghai and Shenzhen on July 16 with both jumping by the daily 10 per cent limit on their first two trading days.

Furthermore, Chinese high-level government entities “intend to lead investments to the Middle East, and we see Chinese index companies keen on developing Middle East-related indexes and ETFs,” he said.

Part of the fervour surrounding the two ETFs is the growing economic and trading ties between China and Saudi Arabia.