Reported 26 days ago
Two exchange-traded funds (ETFs) focused on Hong Kong and Chinese shares launched in Saudi Arabia this week, enhancing investment ties between the regions. The Albilad CSOP MSCI Hong Kong China Equity ETF and the SAB Invest Hang Seng Hong Kong ETF debuted during the Future Investment Initiative, attracting attention from key financial figures. The ETFs aim to provide local investors easier access to Chinese stocks and reciprocate previous Saudi ETFs listed in Hong Kong, fostering liquidity and market interest in both regions.
Source: YAHOO