Bets on a leveraged China ETF have resulted in a significant paper gain of $138 million, indicating growing investor confidence in the Chinese market. This increase in interest comes as the Chinese economy shows signs of recovery and the government implements strategic initiatives to stimulate growth.

Analysts are closely monitoring these developments, as the positions in the leveraged ETF suggest a strong belief in the potential for continued upward movement in Chinese equities. It is important for investors to stay informed about market trends and government policies that could impact future performance.