China's Largest Cross-Border ETF Reduces Management Fees

On March 26, Jin10 reported that China Asset Management Co., Ltd. announced a reduction in management and custody fees for its Hong Kong Stock Connect Internet ETF (159792) and its associated fund. According to Jin10, starting March 27, the annual management fee will be lowered from 0.5% to 0.15%, and the annual custody fee will be reduced from 0.1% to 0.05%. Wind data indicates that as of March 25, the Hong Kong Stock Connect Internet ETF is the largest cross-border ETF and Hong Kong-themed ETF in the market, with a current scale of 67.53 billion yuan.