Mirae Asset Celebrates Inclusion of Global X MSCI China ETF (3040) as an eligible ETF on Stock Connect e - Bringing Total Eligible ETFs to 3 - Global X ETFs Hong Kong

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Global X MSCI China ETF (3040)

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Global X Hang Seng High Dividend Yield ETF (3110)

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  • The trading price of the Fund’s unit (the “Unit”) on the Stock Exchange of Hong Kong is driven by market factors such as demand and supply of the Unit. Therefore, the Units may trade at a substantial premium or discount to the Fund’s net asset value.
  • As part of the securities lending transactions, there is a risk of shortfall of collateral value due to inaccurate pricing of the securities lent or change of value of securities lent. This may cause significant losses to the Fund. The borrower may fail to return the securities in a timely manner or at all. The Fund may suffer from a loss or delay when recovering the securities lent out. This may restrict the Fund’s ability in meeting delivery or payment obligations from realisation requests.
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Mirae Asset Celebrates Inclusion of Global X MSCI China ETF (3040) as an eligible ETF on Stock Connect e – Bringing Total Eligible ETFs to 3

Hong Kong, July 15, 2024 – Mirae Asset Global Investments (Hong Kong) Limited (“Mirae Asset”) is pleased to announce that the Global X MSCI China ETF (3040) has been included as an eligible ETF on Stock Connect, effective on 22 July, 2024. As of July 15, 2024, the AUM of the Global X MSCI China ETF (3040) stood at HKD 7.94 billion (Source: HKEX, July 15, 2024).

The inclusion of the Global X MSCI China ETF (3040) means that this ETF listed in Hong Kong can now be traded by investors in mainland China. On July 4 2022, ETFs were included as eligible ETFs under Stock Connect enabling Hong Kong and international investors to trade eligible Mainland-listed ETFs, while Mainland Chinese investors gained access to a variety of Hong Kong-listed eligible ETF products.

This latest inclusion marks the 3rd ETF from Mirae Asset’s Global X ETF line up to be eligible for Southbound trading under the Stock Connect, following the previous additions of the Global X Hang Seng High Dividend Yield ETF (3110) in May 2024 and the Global X Hang Seng Tech ETF (2837) in November 2023.

“We are delighted to see the Global X MSCI China ETF (3040) now included as eligible ETF in Stock Connect, joining our other two ETFs that were previously added, Mirae Asset now has a total of 3 ETFs eligible for Southbound trading under Stock Connect,” said Wanyoun Cho, Chief Executive Officer at Mirae Asset. “This milestone underscores our unwavering commitment to deliver high-quality and innovative investment solutions.”

For more information about the Global X MSCI China ETF (3040), please visit the Global X ETFs website at www.globalxetfs.com.hk

15 Jul 2024

Date : 15 Jul 2024

Category : Press Releases

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