The UK bank, which became the latest offshore institution to be able to sell mutual funds on the mainland, has already added seven Chinese funds to its distribution platform.
China Southern’s Hong Kong subsidiary is selling a new fund series to European investors eager to gain RMB and China-themed exposure, in a step towards overseas expansion.
FTSE’s prospects in China are looking brighter following its second asset manager deal with China Southern. The Shenzhen fund house says the index-fund product will shortly be ready to go.
Michael Wen, CIO at CSOP Asset Management, is hugely bullish about the investment outlook for both China-listed A-shares and Hong Kong-listed Chinese stocks.