The first Hong Kong ETF approved for offering in Taiwan
The Securities and Futures Commission (SFC) welcomes the Taiwan Financial Supervisory Commission’s (Taiwan FSC) approval of the offering of the first Hong Kong exchange-traded fund (ETF) in Taiwan and its application to the Taiwan Stock Exchange for listing.
W.I.S.E. CSI 300 China Tracker, managed by BOCI-Prudential Asset Management Ltd (Note 1), became the first Hong Kong ETF approved by the Taiwan FSC following the exchange of the Side Letter to a bilateral Memorandum of Understanding between the two regulators in May 2009 (Note 2).