Market Vectors China ETF Seeking Direct A-Shares Exposure

Upstart ETF issuer KraneShares also said it is now accepting indications of interest for the KraneShares Bosera MSCI China A ETF, that the ETF’s prospectus is effective and that the ETF “will soon launch.” The issuer added it is the first U.S.-owned company partnered with a Chinese asset manager, Bosera Asset Management, to receive an investment quota from a Chinese regulatory agency for a Renminbi Qualified Foreign Institutional Investor (RQFII) ETF in the U.S.

KraneShares said it expects the KraneShares Bosera MSCI China A ETF “to launch soon” and the fund will trade on the New York Stock Exchange under the ticker KBA.

The PowerShares China A-Share Portfolio (NYSEArca: CHNA), which debuted last month, is the other China A-shares ETF listed in the U.S. PowerShares is also pursuing RQFII status.

Market Vectors China ETF