iShares develops Chinese equity ETF

The ETF would be the firm's fifth fund tracking Chinese equities, as iShares already offers ETFs on the FTSE China, MSCI China Small Cap, FTSE/Xinhua China 25 and MSCI Hong Kong as well as its MSCI BRIC ETF, weighted nearly 37% towards China. The proposed ETF's underlying index, MSCI China, tracks the performance of the top 85% of Chinese equity securities as measured by market capitalization. This pool includes H-Shares, securities denominated in Hong Kong dollars listed on the Hong Kong Stock Exchange, and B-Shares, securities listed for foreign investment on stock exchanges in the ...