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.
Tag : chinaamc
Market sources say HuaAn, China Universal, Da Cheng International and Bosera all plan to launch RQFII ETFs with their new quotas.
The first warrants covering a physically backed A-share ETF are to be issued in HK, the first product of its kind to be used with an equity derivative. RMB warrants are expected soon.
Fund houses expect to launch new and different types of product after CSRC chief vows to raise quotas by Rmb200 billion in response to demand plea from Hong Kong authorities.