China to get its first Euro Stoxx 50 ETF

European equity exposure to China

China is set to have its first exchange-traded fund (ETF) linked to the Euro Stoxx 50 index, after the European benchmark was licensed to asset management company China Universal for an ETF on February 26. The ETF will also be the first based on the Euro Stoxx 50 throughout Asia, according to Konrad Sippel, Frankfurt-based global head of product development at Stoxx.

"It is a challenging process to receive regulatory approval for a product in China, so this has been something we have worked on

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