A BlackRock China-focused exchange traded fund suffered the heaviest outflows in Hong Kong last year, even as the wider ETF industry in the territory recorded its highest annual inflows in years.
BlackRock’s iShares FTSE A50 China ETF recorded net redemptions of $1.17bn, followed by CSOP Asset Management’s FTSE China A50 ETF, which saw redemptions of $897.8m.
The net outflows were recorded even though China’s A-share market experienced a strong bull run for most of the year and the Hong Kong-domiciled ETF market attracted more than $3bn in net inflows to reach a new high of HK$393bn ($50.7bn). Hong Kong’s ETF industry assets stood at HK$338bn at the end of 2019.
您已阅读13%（668字），剩余87%（4560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。