An innovation-focused exchange-traded fund (ETF) has listed in Singapore as part of the ETF link between the Singapore Exchange (SGX Group) and Shenzhen Stock Exchange (SZSE).
The CSOP CSI Star and ChiNext 50 Index ETF, managed by CSOP Asset Management and listed on SGX, offers investors exposure to 50 innovative and high-growth potential companies listed on Shanghai Stock Exchange (SSE) STAR Market and SZSE ChiNext market. Representing a total of RMB1.93 trillion in market capitalisation*, CSI STAR and ChiNext 50 index constituents have recorded a 12.2% year-on-year growth in net profits in Q322 despite macro headwinds.
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