公募“出海”，大动作

Core Insights - The first ETF product under the ETF mutual connectivity project between the Shanghai Stock Exchange and the Brazilian Securities and Futures Exchange has been successfully launched in Brazil, marking a significant milestone in cross-border investment opportunities for South American investors [1][2][4] Group 1: ETF Launch Details - The Bradesco Huatai CSI 300 ETF, issued by Brazilian asset management company Bradesco, tracks the performance of the Huatai CSI 300 ETF listed on the Shanghai Stock Exchange [2][4] - The product aims to provide Brazilian investors with easier access to the diverse and dynamic Chinese market through a passive investment strategy [4][5] Group 2: Strategic Partnerships - The launch follows a memorandum of understanding signed in March 2025 between the Shanghai Stock Exchange and the Brazilian Exchange to facilitate ETF mutual connectivity [6][9] - The collaboration between Huatai Fund and Bradesco Asset Management aims to enhance communication and cooperation between Chinese and Brazilian asset management institutions [4][5] Group 3: Market Implications - The successful listing of the ETF in Brazil allows South American investors to share in the growth of the Chinese economy, particularly in sectors such as consumption, healthcare, high-end manufacturing, and technology [4][5] - The Bradesco Asset Management, one of the largest fund management companies in Brazil with over $150 billion in assets under management, aims to expand its product offerings and strengthen its international strategy through this partnership [5]