China bond ETF trio looming in New York
Several firms are readying mainland fixed income exchange-traded funds to list in the US, including the first to invest in Chinese interbank commercial paper under the RQFII scheme.
Several asset managers are readying China bond exchange-traded funds for launch in New York in the next few weeks, pointing to the higher yields still available on mainland debt compared to US issues.
E Fund Management (HK) and New York-based Krane Funds Advisors plan to list the KraneShares E Fund China Commercial Paper ETF before Thanksgiving Day on November 28. It will be the first to allow foreign investors access to Chinese interbank commercial paper (CP) under the reminbi qu…
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