News last week on cross-listing of exchange-traded funds (ETFs) at the Shanghai Stock Exchange and the Japan Exchange Group.
- Dubbed the ETF Connectivity Agreemen
- Will allow tund managers from both countries to up cross-border funds through China's existing Qualified Domestic Institutional Investors and Qualified Foreign Institutional Investors mechanisms
- And thus to invest ETFs in each other's markets
As of now no date has been set for the ETF link to begin operations.
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I wonder if the BOJ will be buyers of China ETFs?: BOJ is about to overtake GPIF to become the biggest holder of Japanese stocks
What could possibly go wrong?
;-)
