ChinaAMC launches 3 Hong Kong ETFs as demand for targeted strategies grows

AI Summary

China Asset Management (Hong Kong) launched three new ETFs targeting Hong Kong and US markets amid growing investor demand for diversified strategies. These ETFs will be listed on the Hong Kong stock exchange starting September 30.

China Asset Management (Hong Kong), the offshore arm of one of mainland China’s largest asset managers, launched three exchange-traded funds (ETFs) in the city on Thursday, expanding its product line-up as investors seek more diversified strategies amid market volatility. The three products – a Hong Kong high-dividend ETF, a Hong Kong growth ETF and a Hong Kong-US “Halo” ETF – are scheduled to list on the Hong Kong stock exchange on September 30, with trading counters in Hong Kong dollars, yuan...