a-big-debut-for-bgis-india-etf-in-hong-kong

A big debut for BGI's India ETF in Hong Kong

Hong KongÆs retail public gives the Sensex-linked stock a big reception.
Barclays Global Investors yesterday listed its iShares BSE Sensex India Tracker on the Hong Kong Stock Exchange. Investors demonstrated enthusiasm for easy access to the Indian stock market and the $20 million exchange-traded fund ETF saw 726,000 shares turn over, says Joseph Ho, head of iShares for BGI in Asia ex-Japan.

ôWe were pleasantly surprised by the activity,ö he says, noting that while India is of obvious interest to Singaporean investors, BGI wasnÆt sure to what extent Hong Kongers would be keen. He notes that most investors are retail.

This represents BGIÆs second international India ETF, following the June listing of the iShares MSCI India fund on the Singapore Stock Exchange. These are...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222