Singapore Exchange (SGX) Announces Listing of First ETF in Singapore Tracking ChiNext Index via SGD-Hedged Fund Class Amova E Fund ChiNext Index ETF (Managed by Nikko Asset Management) under the SZSE-SGX ETF Link ChiNext Index Tracks 100 Largest & Most Liquid A-Share Stocks on ChiNext Market of Shenzhen Stock Exchange (SZSE)
23rd July | Hong Kong
Singapore Exchange (SGX) has announced the listing of the first ETF in Singapore tracking the ChiNext Index via SGD-hedged fund class Amova E Fund ChiNext Index ETF (Managed by Nikko Asset Management) under the SZSE-SGX ETF Link. ChiNext Index tracks 100 largest & most liquid A-share stocks on ChiNext Market of Shenzhen Stock Exchange (SZSE). SGX (22/7/25): “SGX Securities today welcomed the listing of Amova E Fund ChiNext Index ETF under the SZSE-SGX ETF Link, offering investors a new channel to access China’s innovation-led growth story. This is the first ETF in Singapore that tracks the ChiNext Index through an SGD-hedged fund class, providing investors with exposure to fast-growing, innovation-driven companies listed on the Shenzhen Stock Exchange while mitigating foreign exchange fluctuations. Managed by Nikko Asset Management (Nikko AM), the ETF provides targeted access to companies in sectors such as technology, healthcare, and advanced manufacturing – key drivers of China’s transformation into a high-value economy. The ChiNext Index is known for featuring the 100 largest and most liquid growth-oriented companies that are aligned with China’s national priorities including digitalisation, green energy, and industrial upgrading … … The Amova E Fund ChiNext Index ETF complements the suite of Asia-focused ETF listings on SGX and expands the product shelf to 48 ETFs with combined assets under management (AUM) exceeding S$14 billion.” In 2025 April, Singapore Exchange (SGX) announced the first ETF (Exchange-Traded Fund) globally tracking the MSCI AC Asia ex Japan ex China Index with listing of Amova MSCI AC Asia ex Japan ex China Index ETF, providing exposure to large & mid-cap companies. The ETF is managed by Nikko Asset Management (Nikko AM).
“ Singapore Exchange (SGX) Announces Listing of First ETF in Singapore Tracking ChiNext Index via SGD-Hedged Fund Class Amova E Fund ChiNext Index ETF (Managed by Nikko Asset Management) under the SZSE-SGX ETF Link ChiNext Index Tracks 100 Largest & Most Liquid A-Share Stocks on ChiNext Market of Shenzhen Stock Exchange (SZSE) “
Ng Yao Loong, Head of Equities, SGX Group: “The listing of the Amova E Fund ChiNext Index ETF on SGX adds to our suite of China A-Shares ETFs under the SZSE-SGX ETF Link. This launch is timely as it taps into rising investor interest in China’s innovation sectors and growth themes. We thank Nikko AM and E Fund Management for their continued trust and collaboration in expanding the range of high quality SGX-listed ETFs that meet investors’ evolving needs.”
Eleanor Seet, President and Director, Nikko Asset Management Asia Limited and Head of Asia ex-Japan, Nikko Asset Management: “We are honoured to partner with SGX in bringing Singapore’s first currency-hedged China ETF to market. This listing not only strengthens the ETF ecosystem in Singapore but also reflects our shared commitment to delivering innovative, investor-centric solutions. The ChiNext Index captures the pulse of China’s innovation economy, and through this ETF, we are enabling Singapore-based investors to access that growth with greater precision and effective currency risk management.”
Singapore Exchange (SGX) Announces First ETF Globally Tracking MSCI AC Asia ex Japan ex China Index with Listing of Amova MSCI AC Asia ex Japan ex China Index ETF Providing Exposure to Large & Mid-Cap Companies, ETF Managed by Nikko Asset Management (Nikko AM)
5th April 2025 – Singapore Exchange (SGX) has announced the first ETF (Exchange-Traded Fund) globally tracking the MSCI AC Asia ex Japan ex China Index with listing of Amova MSCI AC Asia ex Japan ex China Index ETF, providing exposure to large & mid-cap companies. The ETF is managed by Nikko Asset Management (Nikko AM). SGX (2/4/25): “SGX Securities today welcomed the listing of Amova MSCI AC Asia ex Japan ex China Index ETF. It is the first ETF globally that tracks the MSCI AC Asia ex Japan ex China Index, offering investors a more targeted opportunity to capture Asia’s growth story. Managed by Nikko Asset Management (Nikko AM), the ETF provides targeted exposure to large and mid-cap companies across some of the most dynamic and rapidly developing markets in Asia. It captures growth opportunities in economies such as India, the world’s fastest-growing major economy; South Korea and Taiwan, which are at the forefront of AI and technology trends; and the ASEAN region, offering diverse potential driven by industrialisation, rising consumer demand and global supply chain shifts. The ETF reflects the increasing investor interest in accessing key growth engines across Asia, highlighting the region’s economic dynamism. The Amova MSCI AC Asia ex Japan ex China Index ETF is the latest addition to SGX’s growing suite of ETFs. With this listing, the total number of ETFs on SGX has reached 49, with a combined AUM of approximately S$14 billion.”
Ng Yao Loong, Head of Equities, SGX Group: “This ETF expands the product shelf on SGX and provides more choices for investors to allocate their assets to the different opportunity sets in Asia. It reflects SGX’s role as the premier gateway for investors to access Asia’s opportunities. We appreciate Nikko AM’s continued support and partnership as we work together to bring more exciting investment options to investors.”
Eleanor Seet, President and Director, Nikko Asset Management Asia Limited and Head of Asia ex-Japan, Nikko Asset Management: “We anticipate an enduring trend of strong demand for exposure to Asian markets that exclude China and Japan to diversify and be more specific to approaching opportunities in this region. The launch of the Amova MSCI AC Asia ex Japan ex China Index ETF demonstrates our commitment to bring progressive and high-quality solutions to investors. We are additionally proud to launch this fund under our Amova name that we will be introducing through the course of 2025.”
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