Ping An of China AMC launches differentiated ETF trio

Ping An of China Asset Management has launched three ETFs targeting retail and institutional investors in Hong Kong and overseas, adding H-share exposure to its existing A-share offering. The new products, which form part of the Ping An China/HK ETF Series, are the HK Dividend ETF, the HK Mid Cap Select ETF and RAFI HK50 ETF. All are physically backed, compared with the firm’s A-Share 50 ETF, a synthetic fund launched in 2010. Company chairman Timothy Chan notes that the ETF mar…