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Deutsche Bank closes 16 ETFs with low demand in Hong Kong

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Published Fri, Jul 14, 2017 · 09:50 PM

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Hong Kong

DEUTSCHE Bank AG's asset management unit is closing 16 exchange-traded funds in Hong Kong, following BlackRock Inc in delisting ETFs with low demand.

The 16 Deutsche Bank X-trackers ETFs ceased trading on Wednesday, according to a Hong Kong exchange filing. Most of the funds have assets of less than US$40 million.

Deutsche Bank

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