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Strategies & Market Trends : Greater China Junior Stocks

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From: Julius Wong	5/21/2009 7:21:41 AM
	of 1992

Greater China ETF Index Planned By JESSIE HO TAIPEI -- The stock exchanges of Taiwan, Hong Kong, and China plan to jointly compile a Greater China index as a benchmark for exchange-traded funds, Taiwan Stock Exchange Corp. Chairman Schive Chi said Thursday. The index marks the start of a cooperation among the Greater China bourses, Schive said at a news conference during an ETF market forum that was also attended by executives from the Hong Kong, Shanghai and Shenzhen exchanges. Executives also plan to cooperate in cross-listing EFTs and developing other products, he said. The four stock exchanges will start the cooperation after Taiwan and China sign a financial memorandum of understanding, Schive said, without giving a specific time frame. online.wsj.com

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