Additionally, CSOP Asset Management came out with the CSOP MSCI China A International Hedged ETF (NYSEArca: CNHX) on Tuesday, according to a press release. The ETF has a 0.79% expense ratio.

CHNX tries to reflect the performance of the MSCI China A International with CNH 100% Hedged to USD Index, which includes Chinese A-shares listed on both the Shanghai Stock Exchange and Shenzhen Stock Exchange while also mitigating exposure to fluctuations in the Chinese renminbi relative to the USD.

CHNX also acts like the currency-hedged version of the KraneShares Bosera MSCI China A ETF (NYSEArca: KBA), which has $9.1 million in assets under management. [Dragon Catches Fire: China ETFs Bounce Back]

CSOP Asset Management also launched the smart-beta CSOP China CSI 300 A-H Dynamic ETF (NYSEArca: HAHA) on Tuesday. The fund has a 0.75% expense ratio.

HAHA tries to reflect the performance of the CSI 300 Smart Index, which is basically the CSI 300 Index with a twist. Since some Chinese companies offer both A-shares and Hong Kong-listed H-shares, and A-shares may trade at a premium to the H-shares counterpart, the underlying Smart Index will switch between H-shares and A-shares depending on which is most undervalued.

“After launching our first FTSE China A50 ETF in the U.S. market, we are proud to bring two more exciting products to U.S. investors,” Ding Chen, CSOP’s Chief Executive Officer, said in the press release. “With the expedited opening steps of China’s capital market, we maintain a constructive view on China’s A-shares market and think it is good timing for U.S. investors to increase their holdings of China A-shares.”

For more information on new fund products, visit our new ETFs category.

Max Chen contributed to this article.