Scope of Shanghai-Hong Kong ETF cross-listings agreement questioned

Author: | Published: 26 May 2011

Hong Kong-listed exchange traded funds (ETFs) are to be listed on the Shanghai Stock Exchange before the end of the year, the Hong Kong stock exchange (HKEx) has announced, but questions remain over the proposed scope of liberalisation.

Rolfe Hayden, investment funds partner at Simmons & Simmons , told IFLR that he believed only ETFs directly managed in Hong Kong would...