MCHI is trading at $50.90, up 3.04% in pre-market, with reported China ETF inflows providing supportive market context, though they were not directly linked to the move.

  • Bloomberg reported 76.7 billion yuan in Tuesday inflows into China ETFs favored by state-backed investors, alongside increased corporate buybacks.
  • U.S. futures were higher, with the S&P 500, Nasdaq and Dow all up.
  • China’s October services PMI slowed to 50.8 from 51.6.