ETFs & Mutual Funds

Investors Add Exposure to China ETFs After Trump-Xi Meeting

US President Donald Trump reviews an honor guard with Chinese President Xi Jinping during a welcome ceremony in Beijing on May 14.

Photographer: Alex Wong/Getty Images

Investors plowed cash into China-focused exchange-traded funds at the fastest pace in over a year last week amid easing trade tensions between the world’s two largest economies and the broader rally across artificial intelligence stocks.

The $7.3 billion KraneShares CSI China Internet Fund, known by the ticker KWEB, recorded $754 million in fresh cash last week, its biggest weekly inflow since October 2024. On Friday alone, the fund garnered $361 million following a highly anticipated meeting between US President Donald Trump and his Chinese counterpart President Xi Jinping.