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Draft:CSOP Asset Management

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CSOP Asset Management Limited
Native name
南方東英資產管理有限公司
Company typePrivate
IndustryFinancial Services
FoundedJanuary, 2008
HeadquartersHong Kong SAR, China
Key people
DING CHEN (CEO)
ProductsETF, Leveraged & Inverse products, Mutual Fund
AUMUS$ 23.5 billion (March 2025)
OwnerChina South Asset Management (52.2%)
SubsidiariesCSOP Asset Management PTE.LTD
Websitehttps://www.csopasset.com/en/home

CSOP Asset Management Limited, referred to as CSOP (Chinese: 南方東英資產管理有限公司), is an asset management company headquartered in Hong Kong with a subsidiary in Singapore. It is the first overseas subsidiary established by a mainland fund management company.[1].

As of March 2025, CSOP manages 56 exchange-traded products (ETPs) and 3 mutual funds in the Hong Kong and Singapore markets[2].

History

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In 2008, China Southern Asset Management and Oriental Patron jointly established CSOP, becoming the first Chinese asset management company approved overseas[1].

In 2012, with the implementation of the RQFII policy, CSOP launched the first batch of RQFII ETFs in Hong Kong, including the CSOP FTSE China A50 ETF, which became one of the leading A-share index tracking products overseas[3].

Since 2017, CSOP has unveiled Leveraged and Inverse products tracking the Hang Seng Index and Hang Seng TECH Index, etc[4][5].

In 2019, CSOP established a subsidiary in Singapore, focusing on issuing ETFs and mutual funds in the Singapore market. Currently, it has issued 6 ETFs and 1 mutual fund in Singapore[2].

In 2020, CSOP launched the first Hang Seng TECH Index ETF[6], which became one of the first batch of ETFs included in the "ETF Connect Scheme" in July 2022[7]. In the same year, its Singapore subsidiary issued the ICBC CSOP FTSE China Government Bond Index ETF, becoming the leading pure Chinese government bond ETF[8][9].

After 2020, as the interconnectivity continues to deepen, CSOP became one of the first participants in the Mainland-Hong Kong ETF Cross-listing Scheme and the China-Singapore ETF Link[10][11], including CSOP Hang Seng TECH ETF, CSOP FTSE Asia Pacific Low Carbon Index ETF and CSOP iEdge Southeast Asia+ TECH Index ETF, etc.

In 2023, under the background of the "Belt and Road" and financial internationalization strategy, CSOP launched Asia's first ETF tracking the Saudi stock market - CSOP Saudi Arabia ETF[12].

In the same year, CSOP issued Asia's first crypto asset ETFs in Hong Kong - CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF[13].

In 2024, through the Mainland-Hong Kong ETF Cross-listing scheme, CSOP achieved the listing of the CSOP Saudi Arabia ETF on the Shanghai and Shenzhen Stock Exchanges, with an initial fundraising of RMB 1.2 billion[14].

On October 30, 2024, the Albilad CSOP MSCI Hong Kong China Equity ETF was listed on the Saudi Stock Exchange. This product invests at least 95% of its assets in the CSOP MSCI Hong Kong China Equity ETF listed in Hong Kong, with an initial AUM of USD 1.2 billion. It became the largest ETF in the Middle East upon listing[15].

In 2025, the Hong Kong Securities and Futures Commission allowed the issuance of Single Stock Leveraged and Inverse products in Hong Kong. Following that, CSOP launched Asia's first batch of 9 Single Stock Leveraged and Inverse products on the Hong Kong Stock Exchange, covering the trading and hedging needs of popular US stocks in Asia trading hours[16]

References

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  1. ^ a b "Mainland fund manager first in overseas foray". South China Morning Post. 2008-07-05. Retrieved 2025-05-30.
  2. ^ a b "CSOP Website". CSOP.
  3. ^ "CSOP launches first RQFII tracking FTSE China A50 index". www.theasset.com. Retrieved 2025-05-30.
  4. ^ Acosta, Francis Nikolai (2019-05-28). "CSOP to launch Hong Kong's first (-2x) inverse product". Fund Selector Asia. Retrieved 2025-05-30.
  5. ^ "CSOP lists first inverse and leveraged Hang Seng TECH ETPs". ETF Strategy. 2020-12-10. Retrieved 2025-05-30.
  6. ^ says, Thio (2020-08-28). "CSOP launches first Hang Seng TECH Index ETF". ETF Strategy. Retrieved 2025-05-30.
  7. ^ "Two Hong Kong tech ETFs okayed to trade in China via ETF Connect". Asia Asset Management.
  8. ^ "SGX welcomes the world's largest Chinese pure government bond ETF issued by CSOP Asset Management - SGX Group". www.sgxgroup.com. Archived from the original on 2025-04-29. Retrieved 2025-05-30.
  9. ^ "CSOP debuts the world's largest Chinese pure government bond ETF in Singapore". businesswire.
  10. ^ "HKEX Welcomes First Hong Kong/Mainland ETF Cross-Listing". www.hkex.com.hk. Archived from the original on 2025-01-22. Retrieved 2025-05-30.
  11. ^ "SGX Group and Shanghai Stock Exchange ETF Product Link debuts first pair of ETFs". SGX.
  12. ^ "HKEX Welcomes APAC's First Saudi Arabian ETF". www.hkex.com.hk. Archived from the original on 2025-01-15. Retrieved 2025-05-30.
  13. ^ "HKEX Welcomes Asia's First Crypto Asset ETFs". www.hkex.com.hk. Archived from the original on 2025-03-16. Retrieved 2025-05-30.
  14. ^ "China Investors Can Now Trade Saudi Stocks on Two ETFs". Bloomberg.
  15. ^ "CSOP: Pioneering Cross-border Opportunities in Hong Kong, Connecting Saudi Arabia with China's Financial Markets". Businesswire (Press release).
  16. ^ "HKEX Welcomes Asia's First Single Stock L&I Products". HKEX.