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Chinese offshore fund house launches ETF on NYSE

CSOP Asset Management Limited has launched its ETF-tracking FTSE China A50 (CNHUSD) Total Net Return Index in NYSE Arca, the first of its kind listed offshore. It is also, at US$237 million in assets, the largest initial launch of all US listed equities ETFs since 2007. CSOP’s FTSE China A50 ETF series is now traded in Asia, Europe and North America. “The…

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