Hua An plans landmark cross-border ETF

Hua An Fund Management Company is preparing to launch China’s first cross-border ETF based on a German stock market index. The Chinese fund firm has signed an agreement with Stoxx, the marketing agent of all indices of Deutsche Börse and Six Swiss Exchange, including Dax and SMI. Hua An plans to launch its Dax ETF on the Shanghai Stock Exchange (SSE) and will require approval from both the China Securities Regulatory Commission and the SSE. The date of launch depends on regula…