The Shanghai Stock Exchange, aiming to deepen its links to overseas markets, will launch China's first exchange-traded fund tracking foreign stocks this year, SSE president Zhang Yujun said yesterday.
The announcement follows Chinese media reports that the SSE had given permission to Chinese fund companies to develop global ETFs to track overseas indices such as the Dow Jones Industrial Average.
It comes amid expectations that Beijing will allow foreign companies to list in Shanghai this year, as part of China's ambitions to open up its financial sector and transform Shanghai into an international financial centre.
您已阅读32%（620字），剩余68%（1298字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。