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Wednesday, November 06, 2013

Deutsche, KraneShares Break into China

News summary by MFWire's editors

Fundsters, please prepare for departures now to the mainland Chinese stock.

Barron's reports that two firms received approval from Chinese regulators to launch ETFs providing investors access to the hard-to-break-into mainland "A Shares" equities market.

Brendan Conway reports that †Deutsche Wealth & Asset Managementís db X-trackers Harvest CSI 300 China A-Shares Fund and KraneShares' soon-to-be-launched KraneShares Bosera MSCI China A Share ETF will be covering the "A shares" market, which is "tightly restricted class of domestic Chinese stocks that trade in Shanghai and Shenzhen."

KraneShares will be partnering with Bosera Asset Management, Conway reports. Chinese regulators require partners for this market.  

Edited by: Tommy Fernandez

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