Tuesday, October 21, 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


   
Other Business breaking news:
Hong Kong's consumer prices rose in September (4 mins ago)
Nikkei ends lower (2 hrs 29 mins ago)
Hang Seng edges up (2 hrs 30 mins ago)
Hang Seng down by lunch (10-21 12:25)
Amazon, Simon & Schuster sign book retail deal (10-21 12:09)
Japan air bag maker Takata plunges on US recall (10-21 12:08)
China economic growth falls to five-year low: govt (10-21 11:40)
Profit taking sends Nikkei lower by break (10-21 10:57)
Qatar to buy stake in Sogo's operator (10-20 13:03)
Hang Seng up at midday (10-20 12:37)

More breaking news >>

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