Sygnia lists an ETF targeting China and Hong Kong

Johannesburg, 20 April 2022 – Shares in Sygnia Itrix New China Sectors ETF began trading today on the Johannesburg Stock Exchange (JSE), offering South African investors exposure to companies in consumption and service-oriented industries domiciled in mainland China and Hong Kong.

The Exchange Traded Fund (ETF) is a passively managed index-tracking fund that will replicate the price and yield performance of the S&P New China Sectors Index. The index tracks the performance of China and Hong Kong-domiciled companies that operate in consumption and service-oriented industries. All Chinese share classes, comprising of A-shares and offshore listings, qualify for this inclusion.

“As China’s economy matures, consumption and service-related industries are becoming structurally more important,” says Iva Madjarova, Head: Sygnia Itrix.

The Sygnia Itrix New China Sectors ETF is the second ETF to be listed this year. The listing brings the number of JSE listed ETFs to 88, with a market capitalisation of more than R114.5 billion. 

Sam Mokorosi, Head: Origination and Deals at the JSE, has welcomed the new listing and said he was pleased with the continued impressive growth of the JSE’s ETF market. “The true value of ETFs lies in long-haul and cost-effective investing, particularly for investors that want to maximise favourable returns, without the need to frequently make investment decisions about different shares,” explained Mokorosi.

In a pre-listing note to potential investors, Sygnia Asset Management, which manages the ETF, said they had invested R150 million into the fund. Sygnia said it was aiming to attract investors who want to achieve long-term capital appreciation tracking the performance of the S&P New China Sectors Index. It is a suitable investment for investors seeking higher returns, those who are willing to tolerate higher volatility and investors who aim to maximise capital accumulation over a longer-term time horizon. The investment is also suitable for investors who wish to maximise their returns in the most cost-effective manner without the need to select asset managers or take on the risk of active and subjective investment decision-making processes.

According to the note, the fund will have exposure of around 10.2% to Tencent Holdings, 7.9% Alibaba Group Holding, 5.9% Kweichow Moutai, and 4.7% AIA Group, amongst other fastest-growing Chinese companies.



The Johannesburg Stock Exchange (JSE) has a well-established history operating as a regulated marketplace for trading listed securities. The JSE is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent.

The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for over 130 years.

As a leading global exchange, the JSE co-creates, unlocks value and makes real connections happen. 

JSE general enquiries: Email:
Tel: 011 520 7000
JSE media contact: Paballo Makhetha Communication Specialist Tel : 011 520 7331 Mobile : 072 419 4610 Email: 

Published on April 20, 2022

Share this Article