| Mirae Asset introduces high dividend yield ETF to China
May 7, 2024--Mirae Asset Global Investments, a leading asset manager based in Korea, has introduced a high dividend yield exchange-traded fund to the mainland Chinese market through cross-border trading with Hong Kong, the firm announced Tuesday.
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| The Global X Hang Seng High Dividend Yield ETF, operated by the asset manager's ETF arm in Hong Kong, was set up for trading on China's Shanghai Stock Exchange and Shenzhen Stock Exchange on Monday.
The ETF tracks shares with high dividend yields on the Hong Kong Stock Exchange's benchmark Hang Seng index. The net asset is about $272 million, the largest among the high dividend yield ETFs listed on the Hong Kong exchange. |