The Tokyo Stock Exchange (TSE) has approved the listing of a Japanese equity fund with interests in China, to become its 100th ETF.
The Nikkei China Related 50 ETF, due to be listed on 10 March, invests in an index tracking 50 large Japanese stocks actively involved in China. According to index-provider Nikkei, the constituent companies should be those that "have promoted the businesses in China as production bases or as markets". Potential holdings are evaluated on the basis of newspaper articles and annual financial reports posted by the companies themselves. All stocks have large capitalization and are typically selected from the Nikkei Stock Index 300. Those currently represented include Toyota, Nissan and P...
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