China’s first exchange-traded funds (ETFs) to track Shanghai and Shenzhen-listed stocks have received regulatory approval. The two new ETFs will be launched by Deutsche Bank and PineBridge Investments’ Chinese fund ventures, Harvest Fund Management Co and Huatai-PineBridge Fund Management Co. Both ETFS will track the CSI300 Index of China’s 300 largest listed companies and will be traded on stock exchanges….
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