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China Southern Asset Management launches ETF on HSCEI


Hang Seng Indexes has licensed the Hang Seng China Enterprises Index to China Southern Asset Management to serve as the underlying index for the creation of an ETF, listed on the Shenzhen Stock Exchange.

Comprised of large-cap mainland China enterprises listed in Hong Kong, the HSCEI is a barometer of the China market in Hong Kong. The HSCEI has 50 constituents: 40 H-shares and a total of 10 Red-chips and P-chips.

The new ETF will bring the number of ETPs linked to indexes in the Hang Seng Family of Indexes to 67 – with listings on 17 different stock exchanges across the world. By the end of February 2018, assets under management in ETPs linked to indexes in the Hang Seng Family of Indexes had reached a total of more than USD30 billion.

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