Foreign product

THE first foreign index-linked financial product, the Nasdaq-100 index-linked product, is likely to be traded in China this year, according to China's Guotai Asset Management. Earlier this week, Guotai and the Nasdaq OMX Group Inc announced that Guotai had executed an exclusive licensing agreement with Nasdaq OMX to use the Nasdaq-100 index in the development of an exchange traded product in China.