News Snapshot:
EMQQ Global, the team behind the US-listed EMQQ Emerging Markets Internet and Ecommerce ETF (EMQQ US), a $620 million emerging markets fund focused on internet and e-commerce stocks, has brought its flagship strategy to Hong Kong investors. The VPEMQQ ETF (3030 HK) has been listed on the Stock Exchange of Hong Kong in Hong Kong dollars, coming to market with HKD 230m (approx. $30m) in initial assets. The fund has been launched in partnership with Hong Kong-based Value Partners, one of Asia’s largest independent asset managers. Methodology The ETF tracks the Emerging Markets Internet & Ecommerce Index which is the...