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Source launches first Chinese A-shares ETF
by Elsa Buchanan on Jan 09, 2014 at 00:01
‘CSOP’s knowledge of the Chinese market and their experience managing RFQII ETFs allow us to offer an efficient, well-structured product.’
‘We are delighted to be partnering with Source to create a European ETF,’ added Chen Ding, CEO of CSOP. ‘There has been high demand for our HongKong-listed ETF and we expect similarly strong interest from Europe.'
The RQFII programme, which allows Chinese financial firms to establish renminbi-denominated funds in Hong Kong for investment in the mainland, was approved by the China Securities Regulatory Commission (CSRC) in December 2011.