FTSE 100 index gets licensed for Shanghai Stock Exchange

03/9/2010 | Risk.net (subscription required)

The FTSE 100 index will be used as the basis of Hua An Asset Management's first exchange-traded fund listed on the Shanghai Stock Exchange. With the exception of Hong Kong, this is the first time the FTSE index has been licensed for use by a provider of ETFs for a Chinese bourse.

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