CHIE: Global X China Energy ETF Launches
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Global X Management Company rolled out Global X China Energy ETF (CHIE) today (12/16/2009), its fifth of six planned China sector ETFs. The first two (consumer and industrial) were launched two weeks ago, technology and financials were released last week, and materials is expected before year end.
For the purposes of this ETF, the “Energy Sector” includes companies whose business operations are focused on the production and/or distribution of energy, both conventional and renewable, or the production and/or mining of commodities used in energy production.
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