Guotai to develop QQQ replica with Nasdaq

Mar 30, 2009

Nasdaq is introducing one of the most heavily traded ETFs in the world to Chinese institutional and retail investors.

Powershares QQQ, one of the most heavily traded exchange-traded funds (ETFs) in the world based on the Nasdaq 100 index, will soon find a replica in China especially targeted at institutional and retail investors looking for cheap access in the QDII niche.

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