Chinese ETF offers real choice says HK
Friday 19 August 2011 - by Will Henley
The Chinese government is to start an exchange traded fund linked to Hong Kong stocks in a bid to boost cross-border investments.
It is seen as a means to boost Hong Kong's equity market and enable mainland firms to use the financial centre as a centre for raising capital. Some RMB20bn is to be set aside for qualifying Hong Kong companies to invest in mainland securities.
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