SHANGHAI: Asset managers are racing to launch index funds tracking China's top technology companies, capitalising on investor fervour stirred by Sino-U.S. tensions, and fuelled by Ant Group's blockbuster listing.
This week, CSOP Asset Management Ltd launched the first exchange-traded fund (ETF) based on the Hang Seng TECH Index, which tracks the 30 biggest tech companies listed in Hong Kong, including Tencent Holdings and Alibaba Group.
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