Hong Kong, Shenzhen start cross-listing of ETFs as part of financial integration in Greater Bay

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Two feeder funds began trading on the Hong Kong and Shenzhen exchanges on Friday , adding cross-border financial instruments for residents of the Greater Bay Area, marking a milestone in the financial integration of the region.

The CSOP Yinhua CSI 5G Communications Theme ETF, a feeder fund that mirrors an exchange-traded fund (ETF) in Shenzhen, rose hit as much as HK$8.16 in Hong Kong trading, compared with its net asset value of 7 yuan ($1.04) on October 22.

The Yinhua ICBC CSOP S&P New China Sectors ETF, a Shenzhen . . .

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