Third China A Shares ETF lists on London Stock Exchange this year

  • ETF Securities and E-Fund Management’s ETF starts trading on London Stock Exchange
  • Third ‘physical’ ETF tracking Chinese stocks to list in London this year
  • Builds on London’s position as major offshore centre for RMB trading

London Stock Exchange today welcomes the ‘ETFS-E FUND MSCI CHINA A GO UCITS ETF’ to list in London. The new Exchange Traded fund (ETF) will offer both institutional and retail investors access to the China A Shares market and has been launched in partnership with ETF Securities and E-Fund Management. The ETF, the third of its kind to list in London already this year, will track an index designed to reflect a comprehensive set of Chinese companies with A-share listings on the Shanghai and/or Shenzhen Stock Exchanges.

To mark the launch of this new ETF, London Stock Exchange welcomed Matt Johnson, Head of Distribution EMEA to open trading in London this morning.

Pietro Poletto, Head of Fixed Income and ETFs, London Stock Exchange Group said: “London’s role as an international financial centre is mirrored in its ability to provide investors a product range providing access to asset classes around the world. This new China A Shares ETFs, listed on London Stock Exchange provides investors with the opportunity to have direct exposure to China, one of the world’s largest and fastest growing economies.”

Matt Johnson, Head of Distribution EMEA, ETF Securities said:

“We are pleased to be listing Europe’s first physical UCITS ETF to track the MSCI China A Index on the LSE today. The China A shares market is gaining ground with European investors and this product provides an exciting opportunity for those who wish to access this market. The MSCI China A index covers the most comprehensive range of Chinese stocks, with less concentrated exposure to financials and large-cap state enterprises.

We launched this product in cooperation with E-Fund, one of China’s largest and most respected asset management companies with significant experience managing RQFII and China ETFs.”

The ETFS-E FUND MSCI CHINA A GO UCITS ETF is denominated in RMB and trades on London Stock Exchange in GBP and USD.

London is at the forefront of RMB development and has recently introduced CNY and HKD trading for ETFs on London Stock Exchange supported by clearing and settlement.

 

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Tom Gilbert

+44 (0)20 7797 1222

newsroom@lseg.com

 

Notes to editors:

About London Stock Exchange Group:

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