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CHIX

Global X, the ETF issuer that last month launched the first sector-specific China ETFs, is expanding its line of products by launching two additional funds offering targeted exposure to the Chinese economy. The Global X China Technology ETF (CHIB) and Global X China Financial ETF (CHIX) began trading Wednesday on the NYSE Arca Exchange, bringing the number of China products from Global X to four and the total number of ETFs to six. The New York-based issuer also offers a Colombia ETF (GXG) and Nordic ETF (GXF). [click to continue…]

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New York-based Global X Funds, the issuer behind the first U.S.-listed ETFs offering exposure to Colombia and the Nordic region, announced the launch of two new funds focusing on China on Tuesday. The Global X China Industrials ETF (CHII) and China Consumer ETF (CHIQ) are the first funds to offer sector-specific exposure within the China market. CHIQ will seek to replicate the performance of the S-BOX China Consumer Index, a benchmark that measures the performance of the consumer sector in China. As of October 30, the largest companies in the index included food and beverage companies Tingyi and Want Want China, automobile company Dongfeng Motor Group, department store firm Parkson Retail Group, and sports apparel company Li Ning.  [click to continue…]

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