(Bloomberg) -- The first U.S. exchange-traded fund tracking China’s domestic stocks will lure investors seeking exposure to a broad range of industries in the biggest emerging economy, according to Societe Generale SA’s private bank.

Deutsche Bank AG’s wealth-management unit and Harvest Global Investments Ltd. started trading an ETF in New York yesterday that tracks the performance of the nation’s 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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