Saudi Arabia’s China-Focused ETF Poised for Record-Breaking Debut

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Saudi Arabia’s capital Riyadh. Photo: VCG

Saudi Arabia’s first exchange-traded fund (ETF) tracking Hong Kong-listed Chinese stocks will debut on Oct. 30, the product’s Chinese partner announced Wednesday, marking a significant step in deepening financial collaboration between the two regions.

The Albilad CSOP MSCI Hong Kong China Equity ETF is a collaborative effort between CSOP Asset Management Ltd. and its Saudi counterpart Albilad Investment Co., which manages the product.

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Saudi Arabia's first ETF tracking Hong Kong-listed Chinese stocks, the Albilad CSOP MSCI Hong Kong China Equity ETF, will launch on October 30, marking enhanced financial cooperation between the regions.
The ETF, managed by Albilad Investment Co. and CSOP Asset Management, aims to provide Saudi investors access to major Hong Kong-listed Chinese companies.
Expected to attract over $1.3 billion, it may become the largest ETF in the Middle East, amidst growing financial ties between China and Saudi Arabia.

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