Asia ETF Roundup (Industry)–October 2021

Chinese Equity ETF Watch – Hong Kong-Domiciled Offshore See Estimated Net Outflows of USD 0.2 billion; Onshore Chinese Equity ETFs See Estimated Net Inflows of USD 0.1 billion; Major US-Domiciled ETFs See Estimated Net Inflows of USD 1.5 billion

• Hong Kong-domiciled ETFs in the China Equity Category saw estimated net outflows totalling USD 221 million in October. This was primarily driven by net outflows from the Global X China Electric Vehicle and Battery ETF (02845/09845) and the Hang Seng China Enterprises ETF (02828), estimated at USD 157 million and USD 58 million, respecitvely.
• Hong Kong-domiciled ETFs in the China Equity - A-Shares Category saw estimated net inflows of USD 143 million in October. Flows favoured the CSOP FTSE China A50 ETF (82822/02822) and the ChinaAMC CSI 300 ETF (83188 /03188) which recorded net inflows estimated at USD 58 million and USD 44 million, respectively.
• For the year through October, Hong Kong-domiciled ETFs in the China Equity Category have seen estimated outflows of USD 318 million while Hong Kong-domiciled ETFs in the China Equity – A-Shares Category have experienced estimated inflows of USD 84 million.
• In the U.S. in October, we estimated total net inflows of USD 0.2 billion to the iShares China Large-Cap ETF (FXI) and the iShares MSCI China ETF (MCHI). The KraneShares CSI China Internet ETF (KWEB) saw estimated net inflows of USD 1.3 billion.
• For the year through October, the KraneShares CSI China Internet ETF (KWEB) has seen estimated net inflows of USD 7.2 billion.

New Launches and Listings

China: 12 ETF New Listings; 2 Delisting

• Chinese ETF providers listed 6 new ETFs on the Shanghai Stock Exchange and 6 new ETFs on the Shenzhen Stock Exchange in October. These included 8 thematic/sector ETFs and 4 ETFs tracking broad market indices.
• 1 bond ETF was delisted from the Shanghai Stock Exchange on 22 October and 1 thematic ETF was delisted from Shenzhen Stock Exchange on 21 October.
• Including the above listings and de-listings, the total number of ETFs in China stands at 583 (200 ETFs on the SZSE, 383 ETFs on the SSE).

Hong Kong: 3 ETF New Listings

• Hong Kong ETF providers listed 2 Chinese bond ETFs and an inverse product on gold futures on the Hong Kong Exchange.
• Including the above listings, the total number of ETFs in Hong Kong stands at 227 (145 ETFs and 82 multiple counters, including 27 leveraged/inverse products).

India: 3 ETF New Listings

• Indian ETF providers added 2 sector ETFs and 1 ETF tracking the Nifty 50 Index on the BSE. These 3 ETFs already have their listings on the National Stock Exchange of India since 2014-2015.

South Korea: 13 ETF New Listings

• Korean ETF providers listed 13 ETFs on the Korea Exchange. These included 9 thematic ETFs, 1 dividend ETF, and 3 active ETFs. Five of the thematic ETFs track the KRX Climate Change Solutions Index.
• Including the above listings, the total number of ETFs in Korea stood at 520 at month end.

Taiwan: 1 New ETF Listing; 3 Delistings

• Fubon Asset Management listed 1 thematic ETF on the Taiwan Stock Exchange.
• 3 bond ETFs were delisted from the Taipei Exchange. Two ETFs were managed by First Securities Investment Trust.
• Including the above listings and delisting, the total number of ETFs in Taiwan stands at 217, of which 92 are bond ETFs.

ETFs Launched in October 2021 in the Asia ex-Japan Region