|
|
Article: First Taiwan ETF to debut in Hong Kong stock exchange
- Article from:
- Xinhua News Agency
- Article date:
- August 18, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
|
First Taiwan ETF to debut in Hong Kong stock exchange
HONG KONG, Aug. 18 (Xinhua) -- Hong Kong Exchanges and Clearing
Limited (HKEx) plans to list the first Taiwan Exchange Traded Fund
(ETF) Wednesday following a recent agreement reached between the
Hong Kong and Taiwan financial regulators on mutual recognition.
As the first Taiwan ETF set to debut on Hong Kong's Main Board
pursuant to the said mutual recognition arrangement, the Polaris
Taiwan Top 50 Tracker Fund (H.K.) is a feeder fund that will invest
its assets into a master fund, the Polaris Taiwan Top 50 Tracker
which is listed on the Taiwan Stock Exchange, said HKEx in a
statement issued on Tuesday.
The benchmark of the master ...