PR88980

HONG KONG, April 14, 2021 /PRNewswire=KYODO JBN/ --

the first ETF for long duration Chinese government bonds

Premia Partners, a leading ETF provider in Hong Kong, announces today listing

of two China bond ETFs at HKEx.

These physically replicated ETFs offer cost-efficient, unique and convenient

access to the sweet spots in 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.

-Premia China Treasury & Policy Bank Bond Long Duration ETF (Tickers: 2817 HKD

/ 9817 USD/ 82817 RMB) tracks the ICE 10+ Year China Government & Policy Bank

Index, with average duration of ~18 years*, making this globally the first ETF

that provides direct access to ultra-long duration China treasury and policy

bank bonds traded in onshore China. As important building block for long

duration CGB exposure, the ETF complements existing China Treasury ETFs amid

global government bond index inclusion. BOCHK Asset Management Limited (a

member of the Bank of China Group) is the investment advisor.

*As of April 14th 2021

"We are delighted to launch these unique ETFs that offer attractive

risk-adjusted returns in this low yield environment," said Rebecca Chua,

Managing Partner of Premia Partners. "Now without opening onshore China bond

accounts, investors can conveniently access long duration CGBs onshore and high

yield USD China bonds offshore through HKEx, and without stamp duty,

withholding or capital gains tax."

Mr Shen Hua, Chief Executive Officer of BOCHK Asset Management Limited

("BOCHKAM") said, "BOCHKAM is delighted to co-launch with Premia Partners the

first long-duration RMB bond ETF. This ETF enjoys low-cost investing, trading

flexibility and high transparency comparing to traditional mutual funds,

providing an investment alternative for investors to satisfy their needs for

asset allocation. We are committed to providing more high-quality products to

facilitate RMB internationalisation and help Hong Kong to develop as a global

asset management centre."

"As a leading provider of index services for global ETFs and fixed income

evaluations, ICE is delighted to collaborate with Premia Partners on these two

unique products," said Magnus Cattan, Vice President of Fixed Income and Data

Services, Asia Pacific at ICE. "As investor interest for China bonds continues

to grow rapidly, ICE is honoured to contribute to the market development with

more innovative solutions."

About Premia Partners

Founded in 2016, Premia Partners is one of the leading ETF managers from Hong

Kong, dedicated to building low-cost, efficient, best practice ETFs for Asia.

As of April 14th 2021, Premia Partners manages 8 ETFs including Premia CSI

Caixin China New Economy ETF(https://etfprod.premia-partners.com/etf/3173)

which is the 4th largest China A-shares ETF in Hong Kong, and winner of the

HKEx 2019 Top Performing ETF – Total Return Award. For more information on

Premia or Premia ETFs covering

China(https://etfprod.premia-partners.com/etf/3173), Emerging

ASEAN(https://etfprod.premia-partners.com/etf/2810), Asia Innovative

Technology(https://etfprod.premia-partners.com/etf/3181),

Vietnam(https://etfprod.premia-partners.com/etf/2804), China high yield

bonds(https://etfprod.premia-partners.com/etf/3001), China government bonds and

US Treasury(https://etfprod.premia-partners.com/etf/9077), please visit

www.premia-partners.com

About BOCHK Asset Management Limited

Established in 2010, BOCHK Asset Management Limited ("BOCHKAM") is a wholly

owned subsidiary of BOC Hong Kong (Holdings) Limited, which is one of the

largest listed companies and commercial banking groups in Hong Kong, and a

member of the Bank of China Group. BOCHKAM is committed to providing retail and

institutional investors with a wide array of bond, equity and alternative

investments products. In 2020, the company was garnered as "Best RMB Manager"

in the 2020 Best of the Best Awards in Hong Kong by Asia Asset Management and

"Outstanding Achiever, China Fixed Income House Award" in Fund of the Year

Awards by BENCHMARK.

SOURCE:  Premia Partners