FTSE licenses blue-chip index for China ETF

The FTSE 100 index has been licensed to appear on the Shanghai Stock Exchange for the first time. It has been licensed for use by Hua An Asset Management and will be the basis of the asset manager's first exchange-traded fund (ETF) listed on the Chinese exchange. This is the first FTSE index to be listed for use by ETF providers on Chinese exchanges outside of Hong Kong.

FTSE has an extensive range of indexes based on China themes, in which US$18 billion has already been invested, according to a