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China green energy ETFs deliver best performance in first half

Surge in returns follows commitments made by Xi Jinping to achieve net zero emissions by 2060

Green energy themed exchange traded funds in China have outperformed other thematic and broad-based ETF strategies in the first half of 2021, amid signs of a shift in the economy towards greener energy and more environmentally friendly consumer products.

ETFs investing in green energy have dominated the list of best-performing ETFs in China over the first six months of the year, with seven of the 10 ETFs being green energy themed products, Wind Info data show.

E Fund Management’s E Fund CSI New Energy ETF gained 45.5 per cent, leading the market, followed by China Asset Management’s ChinaAMC CSI New Energy ETF, which delivered 44.6 per cent in returns.

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