SGX Group marks the concurrent listing of two ETFs in Singapore and Shenzhen via SZSE-SGX ETF Link

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  • New CSOP CSI Star and ChiNext 50 Index ETF listed in Singapore offers exposure to companies in China's innovative and emerging sectors
  • Chinese domestic investors gain access via SZSE to world's first APAC-focused low carbon ETF listed on SGX

, /PRNewswire/ -- Singapore Exchange (SGX Group) today marked the concurrent listing of two ETFs in Singapore and Shenzhen as part of the ETF link between SGX and Shenzhen Stock Exchange (SZSE), garnering combined assets under management (AUM) of over S$270 million.

The CSOP CSI Star and ChiNext 50 Index ETF, managed by CSOP Asset Management and listed on SGX, offers investors exposure to 50 innovative and high-growth potential companies listed on Shanghai Stock Exchange (SSE) STAR Market and SZSE ChiNext market.

Innovation-driven development has been a key focus for China, with new technologies and emerging industries becoming important economic drivers for the country's future growth. Representing a total of RMB1.93 trillion market capitalisation[1], CSI STAR and ChiNext 50 index constituents have recorded a 12.2% year-on-year growth in net profits in Q3 2022 despite macro headwinds.

Concurrently, SZSE welcomed the listing of China Southern CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index ETF in Shenzhen, marking the first SGX-listed ETF directly available in China and reflecting strong domestic interest for Asia Pacific companies in the low carbon space. CSOP CGS-CIMB FTSE Asia Pacific Low Carbon Index ETF, the world's first low carbon ETF with a geographical focus on developed and emerging markets in Asia Pacific, listed on SGX in September 2022.  

Loh Boon Chye, Chief Executive Officer, SGX Group, said, "With the listings today, SGX Group and Shenzhen Stock Exchange have welcomed three participating ETFs under our ETF link this year, deepening the financial collaboration between China and Singapore. This is an exciting chapter ...

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