Amova E Fund ChiNext ETF: Bridging Innovation and Investment

Amova E Fund ChiNext Index ETF lists on Singapore Exchange, expanding China-Singapore ETF collaboration. The ETF, tracking innovative companies via the ChiNext Index, offers overseas access to China's emerging industries. Highlighting cross-border cooperation, it fortifies financial ties and investment accessibility across Asia-Pacific and globally.

The Amova E Fund ChiNext Index ETF has been listed on the Singapore Exchange, marking the launch of another cross-border financial collaboration between China and Singapore. This ETF, created by Nikko Asset Management and E Fund Management, focuses on providing investors access to China's ChiNext market, recognized for its innovative companies.

The ChiNext Index, which forms the basis of this ETF, includes firms in burgeoning fields like new energy and biotechnology. Companies such as CATL and Mindray contribute to its strong performance, supporting a 21% revenue growth since 2021. This demonstrates the financial potential that investors can tap into through this ETF.

This development bolsters the China-Singapore ETF Link program, reaching a total of 10 ETFs since 2022. It signifies strengthened financial cooperation, enhancing cross-border investment capabilities, bringing convenience and expanded opportunities for investors in Asia-Pacific and beyond.

(With inputs from agencies.)