China’s $9 Trillion Untapped Market Spurs U.S. ETF Frenzy
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The race is on to give U.S. exchange-traded fund investors access to $9 trillion of stocks and bonds in mainland China.
Money managers including BlackRock Inc. and CSOP Asset Management Ltd. have now registered almost 40 ETFs tracking the country’s domestic shares and debt with U.S. regulators, six times the number of existing funds. The products allow anyone with a U.S. brokerage account to gain exposure to Chinese securities that were previously off limits to all but a few qualified institutions.