From left: Michelle Wong and Matthew Ma
The launch of two exchange-traded funds (ETFs) involving Saudi Arabia’s Tadawul market, the largest stock exchange in the Middle East, and the HKEX signals an investment shift between the two jurisdictions.
CSOP this year collaborated with Albilad Capital – the investment arm of Bank Albilad – to launch Saudi Arabia’s first China-focused fund – the Albilad CSOP MSCI Hong Kong China Equity ETF. As of 23 October, Albilad CSOP ETF has raised USD1.3 billion.
In November last year, CSOP launched the Asia-Pacific’s first ETF on the HKEX, which tracks Saudi Arabian equities on the Tadawul market – CSOP Saudi Arabia ETF.
Michelle Wong and Matthew Ma, CSOP’s legal advisers for the Albilad CSOP ETF, shared their insights on navigating the Mideast’s unique legal system and corporate culture.
Matthew Ma
Wong, the general…
