Chinese Investors Sell Off Massive Amounts of Gold, Pivot Into This Asset Class As Bullion Prices Stall: Report

Chinese investors are reportedly hawking gold and appear to be pivoting into local equities. New data from Bloomberg indicates China’s four major onshore gold-backed exchange-traded funds (ETFs) witnessed combined net outflows of about 3. 2 billion yuan (worth nearly $450 million) so far this month. Steve Zhou, an analyst at Huaan Fund Management Co source: https://dailyhodl.com/2025/07/31/chinese-investors-sell-off-massive-amounts-of-gold-pivot-into-this-asset-class-as-bullion-prices-stall-report/