Several firms are trying to launch Chinese ETFs after the summer crash in the mainland stock market. Understandably, success is mixed at best.
China ETF provider KraneShares filed early this year for a fund that focuses on beneficiaries of clean energy reforms in the country.
Nine months later, "we're still trying to find that first investor," said Brendan Ahern, chief investment officer of KraneShares. The ETF only needs a few thousand dollars of seed money to get started, he said.