"The hottest Chinese concept ETF" has been listed in Hong Kong
On December 11th, ICBC Credit Suisse Jinrui KWEB CSI China Internet ETF was listed on the Hong Kong Stock Exchange, becoming the first ETF in Asia to benchmark KWEB. This product was launched in collaboration between ICBC Credit Suisse Asset Management and Jinrui Fund, tracking the CSI Overseas China Internet Index, covering fields such as e-commerce and cloud computing. The ETF is traded in Hong Kong dollars, US dollars, and Chinese yuan, with an annual management fee rate of 0.68%. Analysts believe that the companies held by this ETF are at the forefront of AI technology development