New funds to offer investors higher profits at greater risk

Market predicts securities linked to Hong Kong index will be introduced by end of the week

This week is likely to see the introduction of new exchange-traded funds that invest in Hong Kong shares, giving rise to expectations of higher profits among investors, a securities company executive said.

"The funds will debut on the Shanghai and Shenzhen stock exchanges before June 30," Yan Feng, vice-chairman and CEO of Guotai Junan International Holdings Ltd, said on Monday. He said the China Securities Regulatory Commission has approved the introduction.