Due to restrictions on foreign ownership of A-shares, China is far behind other large markets, both developed and emerging, in terms of foreign ownership of its equities. Even including Chinese stocks listed in Hong Kong or New York, foreign ownership of Chinese stocks was just 11.4% at the end of 2012, half the level seen in Japan and barely more than 20% of foreign ownership of German stocks. [Increasing Allure of A-Shares ETFs]
News of an expanded RQFII program also lifted the Market Vectors ChinaAMC A-Share ETF (NYSEArca: PEK) to a Friday gain of 1.4% on volume that was more than 60% above the daily average. PEK, the first U.S-listed ETF to offer access to China’s A-shares, has soared 16% over the past 90 days.
Deutsche X-trackers Harvest CSI 500 China-A Shares Small Cap Fund