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    <title>ChinaAMC launches Depository Receipts of two Chinese flagship ETFs in Thai exchange</title>
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    <description>China Asset Management Co. and a Thai securities firm issued Depository Receipts in Thailand linked to two mainland ETFs, enabling Thai investors to trade in local hours and currency without overseas accounts. The structure acquires underlying ETFs via a cross-border connectivity scheme and issues locally-listed DRs with the local intermediary handling issuance and market-making while the asset manager provides underlying fund management services. The issuance targets combined exposure to broad-market and sector-focused indices and leverages local policy incentives such as a stated capital gains tax exemption.</description>
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