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From Komfie Manalo, Opalesque Asia:

There has been a significant evolution in the products providing exposure to China, said Blackrock in its latest report: "ETF Landscape China Industry Review 2009". From the first ETF to track MSCI China listed in November 2001 in Hong Kong, to the launch of the first ETF providing exposure to the A-shares markets tracking the FTSE/Xinhua A50 China Index in November 2004, and the launch of the first locally domiciled ETF tracking the SSE 50 A-share Index in February this year.

According to Blackrock, at the end of 2009, there were 53 ETFs globally tracking Chinese benchmarks with US$32.3bn in assets under management (AuM) from 28 providers on 21 exchanges around the world. The U.S. has the highest concentration of Chinese ETF AuM with US$12.47bn in 21 ETFs, followed by Hong Kong with US$9.97bn AuM in 12 ETFs, and China with US5.87bn AuM in eight locally domiciled ETFs.

At least $3.1bn in fresh inflows went into ETFs tracking Chinese indices from the U.S. and European domiciled ETFs in 2009, Blackrock said.. Significant inflows to broad emerging market indices such as the MSCI Emerging Markets Index where China represents 18.3% of the index also translates into large flow to China - approximately an additional US$3.7bn.

China first ETF and the launch of infrastructure ETF China's first locally-domiciled ETF is the Claymore/AlphaShares China Real Estate ETF (TAO US) that was listed in December 2007 in the ......................

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