KraneShares has announced the launch of the KraneShares ICBCCS S&P China 500 Index UCITS ETF (Ticker: CHIN) on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra.
CHIN is designed to provide investors with passive exposure to China’s top 500 companies by market capitalisation and liquidity across multiple listing locations, including Mainland China, Hong Kong, and the United States. This passive investment strategy provides investors with a comprehensive all-shares tool to access China’s markets and allocate to China as a standalone asset class.
“We believe China is an asset class in its own right. China’s equity market, the second largest globally, presents an unparalleled growth story backed by its powerful economy and growing middle class,” says Jonathan Krane, CEO and Founder of KraneShares. “CHIN enables investors to leverage the strengths of the top 500 Chinese companies while also potentially benefiting from sector diversity* and liquidity.”
“We are excited to deepen our relationship with ICBCCS and bring this exceptional product to investors across Europe,” says Dr. Xiaolin Chen, Head of International at KraneShares. “We strive to offer investors the best solutions for accessing China’s capital markets and CHIN is a welcome addition to our growing suite of UCITS products.”
The firm writes that one of its core beliefs is that investors should have a China exposure that is balanced between Mainland and overseas listings. The launch of the KraneShares ICBCCS S&P China 500 Index UCITS ETF (Ticker: CHIN) brings this core investment philosophy to UCITS investors.
