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Hanwha Asset Management plans to cross-list two South Korean defense and manufacturing ETFs on the Abu Dhabi Securities Exchange.
Hanwha Asset Management has confirmed to The Korea Herald its plans to cross-list its PLUS Korea Defense Industry Index ETF (KDEF) and PLUS Korea Manufacturing Core Alliance Index ETF (KMCA) on the Abu Dhabi Securities Exchange (ADX), aiming to build a global investor base. This move will make Hanwha the first South Korean asset management company to list an ETF on a Middle Eastern exchange.
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