The HK subsidiary is set to list offshore renminbi ETFs in Hong Kong and New York and is in talks with global partners. It is also seeking to double its staff in Hong Kong to 40.
Tag : exchange-traded fund
The exchange-traded fund will track A and H-share stocks listed in Hong Kong, Shanghai and Shenzhen. E Fund is on a marketing mission with a target of raising Rmb4 billion.
The firm says it wants the flexibility of the RQFII scheme to be adopted in order to create a level playing field between Chinese, Hong Kong and foreign ETF operators.
Two offshore products tracking A-share indices are poised to be listed on the Hong Kong stock exchange, posing a challenge to existing synthetic ETFs.
