Saturday, November 29, 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:
US shoppers go in for the kill on 'Black Friday' (11-28 17:07)
European stocks open mixed (11-28 16:46)
EU gives time to rule-breaking France, Italy on budget (11-28 16:44)
Hang Seng ends flat (11-28 16:42)
Hang Seng dips in morning session (11-28 12:10)
Nikkei up by break (11-28 12:09)
Lackluster Japan data paints gloomy picture for Abenomics (11-28 11:40)
OPEC move to keep oil output target sparks price slump (11-28 11:33)
German labor market unfazed by economic weakness (11-27 18:52)
China Internet giants in tit-for-tat battle for users (11-27 18:28)

More breaking news >>

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