The first U.S. exchange-traded fund tracking Chinas domestic stocks will lure investors seeking exposure to a broad range of industries in the biggest emerging economy, according to Societe Generale SAs private bank.
Deutsche Bank AGs wealth-management unit and Harvest Global Investments started trading an ETF in New York yesterday that tracks the performance of the nations 300 biggest companies in the Shanghai and Shenzhen stock exchanges. The db X-trackers Harvest CSI 300 rose to $24.80 yesterday.
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