China's 1st Cross-Border Exchange-Traded Fund Launches

China's 1st Cross-Border Exchange-Traded Fund Launches By: Rob Hughes
on 5/15/2013

The very first cross-border exchange-traded fund (ETF) in China launched on May 15. The ETF will be based on the NASDAQ-100 Index, providing Chinese investors access to 100 of the world's largest and most dynamic non-financial companies, based on market cap.

This is a significant milestone both for the growing global ETF landscape and for the increasing diversification of China's capital markets. The China Securities Regulatory Commission, the Shanghai Stock Exchange and Guotai Asset Management have paved the way for individual and institutional investors in China to trade an innovative investment solution that has not been previously available.

The Guotai NASDAQ-100 Exchange Traded Fund is listed on the Shanghai Stock Exchange.

We couldn't be more pleased with this development as a testament to NASDAQ OMX's prominence in the region. Read the press release, or visit our website to view the NASDAQ-100's performance history.

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