CSOP launches Hong Kong's first Kospi 200 ETF

CSOP Asset Management, Hong Kong's largest issuer of exchange-traded funds, on Thursday launched the city's first ETF tracking Korea's benchmark Kospi 200 Index, betting on growing global demand for Korean equities.

The CSOP Kospi 200 ETF began trading on the Hong Kong Stock Exchange, becoming the only ETF listed in Hong Kong and the Asia-Pacific region outside Korea that tracks the Kospi 200.

Investor demand appeared strong from the outset.

According to CSOP, trading volume exceeded 30 billion ...