The iShares MSCI China ETF (MCHI) experienced a significant outflow of approximately $350.6 million, representing a 4.9% decrease in shares outstanding from 123.2 million to 117.2 million week over week. This decline comes amidst wider market fluctuations for major underlying components, with PDD Holdings Inc down 1.6%, H World Group Ltd falling 2.6%, and Vipshop Holdings Ltd decreasing by 0.6%.
Over the past year, MCHI’s share price has fluctuated between a low of $44.71 and a high of $67.37, with the latest trade recorded at $57.77. The ETF’s current price is being monitored against its 200-day moving average, a common technical analysis tool.
