First Hong Kong ETF in Saudi Arabia raises US$1.3 billion as investors buy into China ‘miracle’

// Albilad CSOP MSCI Hong Kong China Equity ETF (Albilad ETF), the first index fund tracking Hong Kong stocks in Saudi Arabia, had already raised HK$10 billion (US$1.3 billion) as of October 23, according to Hong Kong-based CSOP Asset Management which joined hands with Albilad Capital to issue the fund. https://www.scmp.com/business/markets/article/3283984/first-hong-kong-etf-saudi-arabia-raises-us13-bn-investors-buy-china-miracle?utm_source=rss_feed //