CMS Asset Management, fully owned by China Merchants Securities, has listed its first ETF in Hong Kong.
Date: Nov 4, 2011
CMS Asset Management, fully owned by China Merchants Securities, has listed its first ETF in Hong Kong.
Named the CMS CSI Overseas Mainland Enterprises ETF, it is understood to be the first ETF to track stocks of Chinese enterprises which are listed outside the mainland.
The underlying index consists of securities of China-based companies listed in Hong Kong, New York, Singapore and Toronto.
