ChinaAMC launches 3 Hong Kong ETFs as demand for targeted strategies grows
Funds eye potential mainland investor participation and could join ETF Connect within six months, asset manager says
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.
“Hong Kong’s ETF market is expanding beyond broad market access as investors seek products that serve more specific roles in their portfolios,” said Tian Gan, CEO of ChinaAMC (HK), at a media briefing on Thursday.
“By offering both Hong Kong-focused and cross-market strategies, this launch can also reflect Hong Kong’s role in connecting local and international markets.”
