Shinhan Asset Management has launched an exchange-traded fund (ETF) in Korea, offering exposure to fast-growing consumer companies in China and Hong Kong.
Shinhan Asset Management (Shinhan) has introduced the SOL China Consumer Trend ETF. It has been listed on the Korea Exchange since 25 November under the ticker A0131A0 and tracks the Solactive KEDI China Consumer Trend Index. The ETF provides investors with targeted exposure to companies aligned with evolving consumer patterns The index is designed to follow the shift in China’s economy toward domestic consumption, capturing Hong Kong-listed consumer discretionary and staples companies