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United FTSE/Xinhua China A50 ETF – Getting access to A Shares
By Dr Wealth  •  October 29, 2009
[caption id="attachment_2999" align="alignright" width="150" caption="Photo by Mirko Macari"]Photo by Mirko Macari[/caption] UOB Asset Management is launching an A-shares ETF on SGX Mainboard. Buying and owning A-shares is limited to Chinese Nationals and selected foreign institutions. With this ETF, it realises the wish of many people to own China’s A-shares. The current China ETFs listed in SGX are db x-trackers FTSE/Xinhua China 25 and Lyxor ETF China Enterprise. The former consists of H-shares and red-chips while the later only contain H-shares. Hence, this new ETF is currently the only chance of retail investor to access China A-shares in Singapore. If you are still confuse among A-shares, B-shares, etc, you can read the definitions which are taken from FTSE’s website: A-Shares Securities of Chinese incorporated companies that trade on the Shanghai or Shenzhen stock exchanges, quoted in Chinese Renminbi (RMB). Traded by residents of the People’s Republic of China (PRC) or international investors under the China Qualified Foreign Institutional Investors (QFII) regulations. B-Shares Securities of Chinese incorporated companies that trade on the Shanghai Stock Exchange (quoted in US Dollars) or the Shenzhen Stock Exchange (quoted in Hong Kong Dollars – HKD). Traded by both non-residents of the PRC and residents with appropriate foreign currency dealing accounts. Read more...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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