Friday, October 31, 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:
Hang Seng finishes higher (28 mins ago)
IAG airlines group logs improving Q3 profits (29 mins ago)
European stocks rally at open (1 hr 3 mins ago)
Panasonic says half-year profit dives (1 hr 58 mins ago)
Nikkei soars to seven-year high (2 hrs 7 mins ago)
Japan Airlines H1 net profit slips (2 hrs 8 mins ago)
Sony says half-year loss balloons six-fold (2 hrs 8 mins ago)
RBS sets aside 400m pounds for forex probes (2 hrs 9 mins ago)
BoJ chief says at 'critical moment' for exiting deflation (2 hrs 10 mins ago)
BOJ expands monetary easing plan as economy slows (2 hrs 17 mins ago)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.