Chinese Investors Can Now Trade Saudi Stocks on Two ETFs

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The debuts are indicative of deepening investment links between China and Saudi Arabia

(Bloomberg) — Two exchange-traded funds focused on Saudi Arabian stocks that debuted Tuesday in Shanghai and Shenzhen give Chinese investors the option to bet on equities in the oil-rich nation as both countries strengthen ties.

The China Southern Asset Management CSOP Saudi Arabia ETF QDII listed in Shenzhen after raising 634 million yuan ($87 million).

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