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Competition intensifies in China’s ETF market

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.

Alibaba, Aramco share sale fails to deliver windfall

HONG KONG: A late-year rush of giant global share sales led by Alibaba’s US$13bil Hong Kong listing and Aramco’s US$26bil initial public offering is failing to deliver an equivalent payday for equities bankers.