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ChinaAMC MSCI China A ETF Offers an Opportunity to Capture the Momentum of A Share Market

BEIJING and SHANGHAI, March 25, 2015 /PRNewswire/ -- With the listing of China's first MSCI China A Index tracking exchange-traded fund ("ETF") on the Shanghai Stock Exchange managed by China Asset Management Co., Limited ("ChinaAMC"), foreign and domestic investors are now able to capture the opportunity of A share market through the aforementioned listed vehicle.

ChinaAMC MSCI China A ETF(512990) commenced trading on the Shanghai Stock Exchange on March 25. The ETF was traded at between RMB1.092 and RMB1.118 per unit on the first day of trading and closed at RMB1.108 per unit. Approximately 2,001 million units of the ETF changed hands, representing a total turnover of approximately RMB2,213 million on its trading debut.

With China's stable economic growth and intensified participation of qualified foreign institutional investors (QFII), the China stock market has become more active in recent years. ChinaAMC MSCI China A ETF offers a more comprehensive and direct investment option to those foreign and domestic investors for tracking A share market movement.

MSCI China A Index tracked by the ETF covers both Shanghai and Shenzhen stock markets and is constructed in accordance with the methodology widely adopted by international investors, and reflects the movement of China's equity market. The index's 518 constituents represent approximately 65 per cent of the market capitalisation of the China stock market. The index is, therefore, the most accurate benchmark in reflecting A share market performance. MSCI China A Index offers investors a broad and diverse investment decision supporting tool to analyse the opportunity set of the A share market.

As a leading asset manager in China, ChinaAMC has over US$72 billion worth of assets under management. ChinaAMC has the first-mover advantage with 10 years of experience in ETF management in China. In 2005, ChinaAMC launched the first ETF in China. In 2012, ChinaAMC launched the first cross-border ETF, and in 2013 the first RQFII A-share ETF. In 2014, ChinaAMC launched the first Shanghai-Hong Kong Stock Connect Hang Seng ETF. At the end of 2014, ChinaAMC had managed 10 ETFs with total assets of approximately US$9.63 billion under management.

Media Enquiries: CorporateLink Limited

Shiu Ka Yue

Tel: +852-2801-6239 / 9029-1865

E-mail: sky@corporatelink.com.hk

Lau Wai Kong

Tel: +852-2801-6237 / 9181-0091

E-mail: kong@corporatelink.com.hk

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/chinaamc-msci-china-a-etf-offers-an-opportunity-to-capture-the-momentum-of-a-share-market-300055738.html

Source: China Asset Management Co., Limited
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