November 29, 2023

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Latest November 29, 2023

Hong Kong Debuts First Asia ETF Tracking Saudi Arabian Stocks Amid Deepening Economic Ties

In a historic move bolstering financial cooperation, Hong Kong debuted the first exchange-traded fund (ETF) tracking Saudi equities on Wednesday. Managed by CSOP Asset Management, the CSOP Saudi Arabia ETF (2830. HK) represents a groundbreaking initiative in the Asian market. The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, stands as a significant anchor...

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