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Global Investors Flock to Li-Battery ETFs after China News
Sep 22,2017 17:59CST
industry news
Source:SMM
Capital is flooding into relevant shares and funds after news that China is working to phase out fuel car production and sales. 

SHANGHAI, Sept. 22 (SMM) – Capital is flooding into relevant shares and funds after news that China is working to phase out fuel car production and sales. 

China to Set Timetable for Ban Fuel Vehicle Sales

As of Tuesday’s close, as much as $143 million poured into the Global X Lithium & Battery Tech exchange-traded fund (LIT). Tuesday alone drew $49.8 million of inflows.

China to Relax Rules for Foreign Investment in New Energy Vehicle Sector

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