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Woofun AI reports that the Star 50 ETF, tracking the CSI 50 Index, recorded a historic $2 billion net inflow on Monday, the highest single-day volume since December 2020. This capital injection supported an 11% surge in the Star 50 Index on Tuesday, representing its largest daily increase in nearly two years and offsetting a 17% weekly decline caused by leveraged liquidations.
Additionally, at least five major Chinese insurance firms have pledged to expand stock market investments, with China Life acquiring over $1.5 billion in equities and funds.