A pair of ETFs on Tuesday started trading under the cross-listing scheme between Shanghai and Hong Kong.

A pair of ETFs on Tuesday started trading under the cross-listing scheme between Shanghai and Hong Kong.
China Asset Management (Hong Kong) will manage the seven Hong Kong-listed ETFs given up by Canada’s BMO Global Asset Management.
The ETF will the first of its kind listed on the Hong Kong stock exchange (SEHK).
The fund research firm’s report emphasises an ad hoc investment process highly dependent on its founder fund manager.
Following pressures from Hong Kong officials that the manager can be changed to safeguard the interests of investors.
The IPO of the Lion-OCBC Securities Hang Seng TECH ETF began yesterday, after receiving Monetary Authority of Singapore (MAS) authorisation earlier this month.
This is the first time that Zurich Takaful has partnered with a foreign manager to launch a fund product.
China Asset Management plans to wind up two L&I ETFs linked to Hong Kong’s H-share index.
The firm will also make use of the new variable capital company (VCC) framework for the fund.
The iShares ETF listing on the Hong Kong Stock Exchange follows the relaxation of the master-feeder regime late last year.
Part of the Mark Allen Group.