Hong Kong ETF delistings signal new shakeout
Moves by BlackRock and EIP to close 14 Hong Kong-listed exchange-traded funds reflect rising competition and costs. Meanwhile, EIP's CEO feels listing and delisting takes too long.
At least 26 exchange-traded funds are due to delist in Hong Kong in the coming months, signalling the biggest ETF shakeout in the city for at least three years and reflecting ever-fiercer competition and cost pressures.
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