Saudi's first China-focused ETFs to become the largest in Middle East

Saudi's first China-focused ETFs to become the largest in Middle East

FILE PHOTO: A Chinese flag and a stock graph are seen in this illustration picture taken April 30, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Saudi Arabia’s first exchange-traded funds (ETFs) that track Hong Kong-listed shares, mainly Chinese firms, are expected to be the largest such funds in the Middle East.