It’s been quite some time since the China A-shares market has opened its doors to global investors. The mushrooming China A-Shares market, which was blocked to many foreign investors, saw a mad rush by issuers once the embargo was lifted. Several new funds have been launched in this space in the recent past with CSOP FTSE China A50 ETF (AFTY) being the latest to ride out the A-shares investing spree.
CSOP Asset Management has introduced this ETF to the market. Remarkably, this is the first ETF that has been listed in the U.S. solely by a Chinese asset management company and not with the help of any American asset manager. Let’s delve a little deeper.