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Samsung AM flags challenges of HK ETF business

Richard Newell
The Korean firm's head of ETF strategy said the asset manager's expectations had not been high for its first leveraged and inverse products in Hong Kong, as it moves to delist them.
Samsung AM flags challenges of HK ETF business

Samsung Asset Management did not have high hopes for its first Hong Kong-listed leveraged and inverse exchange-traded funds, because of the local regulator's requirement that the first products it launched must not track Chinese or Hong Kong underlyings. 

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