New Chinese Index for Foreign Investors
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FTSE/Xinhua Index Limited (FXI), a joint venture between UK index provider FTSE and Hong Kong-based financial services and media company Xinhua Financial Network (XFN), has launched a tradeable real-time index aimed at foreign investors in China.
The FXI A50 Index comprises the top 50 China A-share companies and is designed to be used for trading in listed and over-the-counter (OTC) derivative products, mutual funds and exchange traded funds.
"We are seeing more and more foreign investors
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