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The new policies relaxed cross-border payment rules between the 11 cities of the Greater Bay Area to make it easier for the residents of Hong Kong and Macau to buy homes in southern China.
The ETF measures performance of US government bonds with at least 20-year maturities that are in the FTSE World Government Bond Index.
CSOP’s Saudi ETF is the first such fund to be listed in Asia, offering access to the US$1 trillion economy and the world’s biggest oil producer Saudi Aramco. The listing adds a feather in the cap of China-Middle East ties.
The ETF, with over $1 billion in assets, counts Saudi's sovereign fund as a top investor
Group will comprehensively review stock market liquidity, including scrutinising the listing regime, market structure and trading mechanism.