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Fundraising ends for first sector-based RQFII ETFs

Elva Muk
The Hong Kong unit of China Universal AM closes IPOs for its two ETFs today, having targeted buyers in Korea, Taiwan, Singapore and HK. It will list the funds in HK on May 12.
Fundraising ends for first sector-based RQFII ETFs

The Hong Kong unit of mainland asset manager China Universal today closes initial fundraising for the world’s first two sector-based RQFII exchange-traded funds.

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