ChinaAMC launches second RQFII ETF, plans more
China’s largest asset manager will begin trading its second RQFII ETF today, and has started planning its third. Yet investor interest is waning as outflows through July total $1.5 billion.
China’s largest asset manager will today list its second renminbi qualified foreign institutional investor (RQFII) exchange-traded fund on Hong Kong’s exchange, and is already planning a third.
ChinaAMC’s Hong Kong subsidiary became the first fund house to launch an RQFII ETF a year ago, listing an RQFII fund tracking China’s benchmark CSI 300 index last July.
Others to launch similar products include China Universal Asset Management, Haitong Securities and HuaAn Funds, as well …
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.