"Shanghai-Shenzhen-Hong Kong Stock Connect ETF components welcome first expansion in 2024, with 11 ETFs added to the list."
2024-01-15 15:54
On January 15th, the list of ETFs under the Shanghai-Shenzhen-Hong Kong Stock Connect saw its first expansion of 2024.
On January 15, the ETF list under the Shanghai-Shenzhen-Hong Kong Stock Connect welcomed its first expansion of 2024, with 11 ETFs officially included in the northbound Shanghai Stock Connect and Shenzhen Stock Connect targets. Among them, the list of ETFs included in the northbound Shanghai Stock Connect consists of nine ETFs being added and one being removed.
The list of ETFs included in the northbound Shenzhen Stock Connect consists of two ETFs being added, as follows:
LGT: It is expected that international funds will flow back into the stock market, and a "buy" attitude is held towards the stock markets of the United States, Japan, and India.
Global X ETFs: Global economy may experience a "soft landing" in 2024, with greater potential for stock market gains in the US compared to European stocks.
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