Barclays Global Investors' first Chinese exchange-traded fund is designed for U.S. customers, but the investment's success is raising Asian market officials' expectations for future index-based funds.

"We are very pleased to see the fast growth of the fund in such a short period of time. This demonstrates the huge demand for investment tools in China's capital market," said Zhu Shan, managing director of Xinhua Finances' index division, which partnered with Barclays on the ETF. "It also makes us feel confident about the continued growth of our index business over this coming year."

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