Friday, July 25, 2014   

China A share ETF debuts in New York
(03-06 11:33)

The first China A-share exchange-traded fund was launched on the New York Stock Exchange Wednesday, providing global investors direct access to China's A-shares markets.
The ETF will “provide meaningful exposure to both large and mid cap Chinese companies," said Jonathan Krane, chief executive officer of Krane Funds Advisors LLC (KraneShares), a provider of China-focused ETFs.
The KraneShares Bosera MSCI China A Share ETF is a collaboration between KraneShares and Bosera Asset Management Co., Ltd, one of China's largest asset managers to license the MSCI China A Index. It will be traded under the ticker of KBA.
Bosera's Chief Investment Officer Charles Wang described the ETF provides a new opportunity for global investors to diversify their portfolios. –Xinhua


   
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