ChinaAMC Launches ETFs in Thailand, Boosting Cross-Border Investments

Chinas largest ETF provider, China Asset Management Company, has launched two new ETFs in Thailand, tracking top Chinese blue-chip and tech stocks. These funds, tied to the CSI three hundred and STAR fifty indexes, are now available on the Stock Exchange of Thailand as depository receipts. This move aligns with Chinas market opening and Belt and Road initiative, simplifying cross-border investing and attracting long-term overseas capital. Local interest in Chinese assets, particularly tech, has been strong, with Thai securities firm InnovestX partnering on the launch. Both indexes have performed well this year, with the CSI three hundred climbing eighteen percent and the STAR fifty surging thirty-six percent. ChinaAMC plans further expansions, indicating deeper financial links ahead. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.