On December 1, the first pair of Shanghai-Singapore cross-listed products, Huatai Pineapple CSOP SGX Pan-Southeast Asia Technology ETF and CSOP Huatai Pineapple SSE Dividend ETF were listed on the Shanghai Stock Exchange and SGX respectively, marking the official launch of the Shanghai-Singapore Mutual Listing ETF. According to industry insiders, the ETF Connect Program provides an opportunity for domestic and foreign investors to invest in the two markets. The Shanghai-Singapore Mutual Listing ETF officially set sailOn the first trading day of December, the first pair of products on the SSE and SGX Stock Connect were listed simultaneously. CSOP Huatai Pineapple SSE Dividend ETF is listed on the Singapore Exchange Group (SGX). Listed ** at 1. per share00 SGD, the number of shares traded per lot is 1, and the annual management fee is 089%。This product is one of the first products of the SSE and SGX ETF Connect, providing Singapore investors with the opportunity to participate in high-quality A-shares. It is understood that CSOP Huatai Pineapple SSE Dividend ETF is a feeder ETF (sub-**) in order to achieve its investment objective, and will directly and indirectly invest at least 90% of its net assets into Huatai Pineapple SSE Dividend Index ETF (main ETF) through the QFII quota of CSOP Asset Management *** or through any permitted method available by sub-** in accordance with current laws and regulations. Listed in 2006, Huatai Pineapple SSE Dividend Index ETF is currently the largest dividend ETF in Chinese mainland, with AUM of RMB16.2 billion as of September 30, 2023. In CSOP's view, dividend strategies are often shock absorbers in a volatile market environment. The SSE Dividend Index is composed of 50 high-quality dividend-paying companies listed on the Shanghai ** Stock Exchange, with a total market capitalization of RMB 129.6 billion, covering energy, finance, industrial, materials and other industries. "With a current price-to-earnings ratio of less than 6x, the SSE Dividend Index is valuationally much lower than other similar dividend indices and A-share core broad-based indices. Compared to other SSE** indices, as well as mainstream indices in Singapore and Hong Kong**, the SSE Dividend Index has a more competitive year-to-date total return of 364%, and the dividend yield is also expected to be better at 606%。A person from the South East Britain said. On December 1, Huatai Pineapple ** also listed Huatai Pineapple CSOP SGX Pan-Southeast Asia Technology ETF on the Shanghai Stock Exchange, which is also the first investment in Pan-Southeast Asia Technology Industry ETF in China. As one of the first Shanghai-Singapore cross-listed products in the whole market, the ETF mainly invests in the CSOP iEdge Pan Southeast Asia Technology Index ETF to achieve the SGX Pan Southeast Asia Technology Index (Asiatecp.).GI). According to the data, the Southeast Asia Technology Index mainly tracks the performance of the 30 largest technology companies in Southeast Asia and emerging Asian markets, bringing together the core assets of companies registered in India, Singapore, Indonesia, Thailand, Vietnam, and Malaysia in the digital economy and technology sector. According to SGX data, as of the end of June, the top three constituent stocks were Grab, the super-app leader in Southeast Asia, Astra, Indonesia's largest car production, distribution and digital service provider, and Donghai Group (SEA), one of the world's consumer Internet giants. SGX ETF Expansion
Connect ETFs are on the wayAccording to the official website of SGX, as of January 2023, the total size of the Singapore ETF market is S$12 billion. Among them, China-related ** ETFs accounted for 5%, and fixed income ETFs accounted for 15%, totaling 20%. After the listing of CSOP Huatai Pineapple SSE Dividend ETF, the SGX ETF territory has been further expanded to 67, and the total scale has further increased. There are nearly 10 China-related ETFs, which may account for more than 20% of the total SGX ETF size. 
At the beginning of May this year, the Shanghai Stock Exchange and SGX officially signed a Memorandum of Understanding (MoU) on ETF product interoperability and cooperation, marking a new step in product cooperation between China and Singapore Capital Market and a new level of cross-border product interconnection business. SGX Group Chief Executive Officer Loh Boon Choi said he was delighted to welcome CSOP as the first ETF issuer under the SSE-SGX ETF Connect Scheme. With this listing, CSOP has now become one of the largest ETF providers on SGX, with 6 ETFs. "The SSE-SGX ETF Connect not only enhances the connectivity between the Singapore and China markets, but also injects new vitality into the investment landscape and provides investors with more diversified investment options in China. We hope that this groundbreaking move by CSOP will encourage more issuers to join the ETF Connect programme and create more opportunities for all parties." Ding Chen, CEO of CSOP Asset Management, also said that the listing of CSOP Huatai Pineapple SSE Dividend ETF on the Singapore Exchange marks CSOP's sixth ETF listing in Singapore. The above products provide investors with an attractive opportunity to invest in China High Yield**. The successful launch of this ETF will not only expand the footprint of Singapore ETFs, but also meet the needs of sophisticated investors. On November 9 this year, the Galaxy** Wells Fargo CSI 1000 ETF was successfully listed on the SGX, which is the first ETF product in the Singapore market to track the domestic CSI 1000 Index, the second product of Wells Fargo** listed in Singapore, and the first product to be listed on the SGX through the Shenzhen-Singapore ETF Connect Program. It is reported that the product was launched by Galaxy-CIMB (Singapore) Private, a Singapore joint venture company under China Galaxy**, and Wells Fargo Asset Management (Hong Kong), a wholly-owned subsidiary of Wells Fargo**. This ETF uniquely mirrors the CSI 1000 Index and offers exposure to Chinese small-cap stocks. Previously, on August 25, CGS-CIMB and Wells Fargo Hong Kong jointly launched the CGS FullGoal Vietnam 30 Sector Cap ETF (CGS Fullgoal Vietnam 30 Sector Cap ETF) was also successfully listed on the SGX. This is the first Vietnam-themed ETF co-managed by Wells Fargo** overseas, and it is also the first product to be listed in the Singapore market. On the last trading day of 2022, the SZSE and SGX ETF Connect was officially launched. CSOP CSOP CSI STAR 50 Index ETF and CSOP **CSOP FTSE Asia Pacific Low Carbon Index ETF are listed on the SGX and SZSE respectively. In addition to China and Singapore, in recent years, the China Securities Regulatory Commission has successively opened up the China-Japan, Shenzhen-Hong Kong, Shanghai-Hong Kong ETF exchanges, and now there are a number of ETF products on the Stock Connect. For example, on July 4, 2022, when ETFs were included in the Mainland-Hong Kong Stock Connect, a total of 83 targets were eligible for northbound trading and 4 were eligible for southbound trading. Up to now, 97 targets have been qualified for northbound trading, and 8 targets have been qualified for southbound trading. According to the industry, the inclusion of ETFs, an indexed ** product, in the Stock Connect will enrich the investment varieties of the Stock Connect, further facilitate the participation of domestic and foreign investors in the capital markets of the two places, and further facilitate the participation of domestic and foreign investors in the capital markets of the two places, and enhance the attractiveness of A-shares to overseas medium and long-term allocation funds. Editor: Xiaomo Review: Muyu.