SHANGHAI: China’s rapidly growing US$100bil market for exchange-traded funds is luring plenty of new entrants, intensifying competition in a market some predict will dethrone Japan to become Asia’s largest in five years.
TaiKang Asset Management launched its first exchange traded fund (ETF) this month, just weeks after Tianhong Asset Management, controlled by Jack Ma’s Ant Financial Group, made its foray into the ETF space.
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