iShares takes further steps into China market

As a token of appreciation, iShares handed out two champagne glasses to each member of the press who braved the rain yesterday to venture to the Watermark restaurant fronting Hong Kong harbour. The occasion? Asia-Pacific chief executive Nick Good wanted to spread the word that parent company Barclays Global Investors (BGI) is opening a Beijing rep office and iShares is finally getting a Chinese name. No big surprises in the two characters that iShares has chosen for itself: "solid fo…