HONG KONG, March 18 (Bernama-BUSINESS WIRE) — CSOP Asset Management Limited (“CSOP”) is proud to announce the listing of CSOP CSI 500 ETF (stock ticker: HKD counter 3005.HK/ RMB counter 83005.HK) on Hong Kong Stock Exchange, enabling global investor to get access to the China A-shares benchmark reflecting the performance of small-mid capitalization stocks. With listing price at approximate HKD 16 per unit, trading lot of 200 and management fee of 0.99%, CSOP CSI 500 ETF will start to trade on March 19, 2020 as the only ETF tracking CSI 500 Index (“CSI 500”) in China offshore market. Upon inception, CSOP CSI 500 ETF received USD 100mn initial investment.
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