Due to past investment restrictions, this ETF is sure to be a goldmine for the firm as it suddenly opens up the U.S. stock market to Chinese savings.
Given the massive glut of Chinese savings, plus the rapidly growing domestic wealth, it's thus not inconceivable that one day a Chinese S&P 500 ETF could be as large as the SPDR U.S.-based ETF mentioned in the excerpt above. That means a lot of Chinese liquidity, pent up for many years, could start pouring into U.S. stocks as international investment opportunities are expanded for Chinese citizens.
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