ETFs focusing on Saudi equities debut in China

July 16, 2024--The move comes as the two countries look to deepen their financial ties
Investors in China now have the option to trade in Saudi Arabian equities following the debut of two exchange traded funds in Shanghai and Shenzhen, as the two countries deepen their financial ties.

AGIX tracks the Solactive Etna Two ETFs focused on Saudi Arabain equities debuted today in Shenzhen and Shanghai in China.

The China Southern Asset Management CSOP Saudi Arabia ETF QDII is listed in Shenzhen, and the Hautai-Pinebridge CSOP Saudi Arabia ETF QDII is trading in Shanghai. According to Bloomberg, both the Shenzhen and Shanghai listings, which raised $87 million and $81.2 million respectively, traded close to their listing prices as of 10.20am local time, following their debut.

Indxx Licenses Bitcoin Reference Index to Migdal Mutual Funds Ltd. for an ETF

December 31, 2024-Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Bitcoin Reference Index to Migdal Mutual Funds Ltd. as the underlying benchmark for the MTF (4D) Indxx Bitcoin Reference Index Fund (5139886) which began trading today on the Tel Aviv Exchange.