China Gives Green Light to Huatai-Pinebridge and China Southern ETFs for Onshore Trading

Friday, 14 June 2024, 12:00
China has granted approval for the listing of two ETFs by Huatai-Pinebridge Fund Management and China Southern Asset Management. The ETFs will track major Saudi Arabian firms and will be available for trading on onshore markets. This move signifies deeper collaboration between Chinese and Saudi financial institutions in the investment space, opening up new opportunities for investors interested in the Saudi market.
South China Morning Post
China Gives Green Light to Huatai-Pinebridge and China Southern ETFs for Onshore Trading

China Approves Listing of 2 ETFs

China has given the green light to Huatai-Pinebridge Fund Management and China Southern Asset Management to launch ETFs tracking top Saudi Arabian companies for onshore trading.

The ETFs offer investors the opportunity to access leading Saudi firms within the Chinese market.

Key Points:

  • Partnership: Huatai-Pinebridge and China Southern receive approval for onshore ETF listings
  • Investment Access: Investors gain exposure to major Saudi companies through these ETFs
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