Global X lists China financials ETF

The market capitalisation-weighted index measures the performance of companies in the financials sector of the Chinese economy, as defined by the index provider Structured Solutions. As of November 30, banks represent 44% of the index, real estate companies 31% and insurance companies 24%. The largest index constituents include China Construction Bank, Industrial and Commercial Bank of China, China Life Insurance Company and Bank of China. Global X Management CEO Bruno del Ama says: "Completely new market segments such as the mortgage market, have developed over the last ten years,...