The two ETNs track 20 Chinese firms supplying parts and technology to Huawei.
KB Securities has listed two new exchange-traded notes (ETNs) on the South Korean market, both designed to track companies within the Huawei value chain. The listings include the ‘KB Huawei value chain ETN’ and the ‘KB leveraged Huawei value chain ETN ’. These products invest in 20 corporations listed on China’s stock exchanges that supply Huawei with components, services and technology. The ETNs offer indirect exposure to Huawei, which remains