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SHANGHAI China’s first hog breeding exchange traded fund (ETF) makes its debut on the Shenzhen Stock Exchange on Friday, the first of three tied to the country’s booming pork sector that is rebuilding after African swine fever decimated herds in 2018.
Penghua Fund Management Co’s CSI Livestock Breeding ETF , as well as similar funds to be listed by Guotai Fund Management Co and Ping An Fund Management Co , are China’s first funds tracking the CSI Livestock Breeding Index, consisting of listed hog breeders, pig feed suppliers and vaccine makers.
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