ChinaAMC launches 3 Hong Kong ETFs as demand for targeted strategies grows

China Asset Management (Hong Kong), the offshore arm of one of mainland China’s largest asset managers, launched three exchange-traded funds (ETFs) in the city on Thursday, expanding its product line-up as investors seek more diversified strategies amid market volatility.

The three products – a Hong Kong high-dividend ETF, a Hong Kong growth ETF and a Hong Kong-US “Halo” ETF – are scheduled to list on the Hong Kong stock exchange on September 30, with trading counters in Hong Kong dollars, yuan and US dollars.

“Hong Kong’s ETF market is expanding beyond broad market access as investors seek products that serve more specific roles in their portfolios,” said Tian Gan, CEO of ChinaAMC (HK), at a media briefing on Thursday.

“By offering both Hong Kong-focused and cross-market strategies, this launch can also reflect Hong Kong’s role in connecting local and international markets.”