offshore China USD bond and
onshore
China government bond (CGB) markets.
Premia China USD Property Bond ETF (Tickers: 3001 HKD / 9001 USD/ 83001 RMB) with current yield of ~7%* is the first SFC authorized high yield bond ETF in Hong Kong. It tracks the
ICE 1-5 Year USD China Senior Real Estate Corporate Constrained Index, for USD denominated high grade and high yield debt securities issued by Chinese real estate corporate issuers. The strategy takes a rule-based, diversified approach with
5% limit on issuer group, covers only
secured and senior issues rated by S&P, Moody's or Fitch, excluding local government financing vehicles (LGFVs) and subordinated debts.