INTERNATIONAL: Successful Market Launch of CEINEX

Wednesday November 18 2015

China Europe International Exchange (CEINEX), the joint venture of Shanghai Stock Exchange (SSE), Deutsche Börse and China Financial Futures Exchange (CFFEX) was successfully launched on 18th November 2015 in Frankfurt. First trades have already taken place in the first hours of market operations.

The joint venture was agreed among the three partners at the end of May 2015 and has effectively been implemented within the last 6 months. At market launch, CEINEX offers ETFs based on mainland Chinese underlyings and a broad range of Renminbi-denominated (RMB) bonds. Amongst them, there are two new RMB denominated ETFs, all issued by Commerzbank in partnership with Bank of China International and China Construction Bank International respectively. The SSE 50 ETF is the first ETF in Europe tracking the SSE50 A-Share-Index while the Money Market ETF is the only RMB money market ETF, investing in onshore Chinese assets, available in Europe.

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