Lion-OCBC Securities Hang Seng TECH ETF

dappermen

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发哨子2020;131315213 said:
Not trading yet .
Impossible!!
how could it be- u sure u checkd sgx

scudettoz7 wrote:
It haven't really started trading right? No movement leh
 

sCuzzZy

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0.003 cents higher then ipo price. :s13:

Zhun zhun kena sell off day so why not.
 

dappermen

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Dear Master mbr

read prospectus, if not ref
https://links.sgx.com/1.0.0/corpora...febd482cdb286531b94769eb46d9a403f3bf50f907359

IPO price is in HKD 7.75 that means at least 1.35$sgd depending @ time of exchange , i trust there are forex costs (not just the rates determined by the issuer but also the bk/place u convert/keep your HKD currencies) and etc fees for that IPO too so it wont be a min. of S$1.35 sgd only
https://secure.fundsupermart.com/fs...y-to-invest-in-30-largest-hkex-tech-companies



there r other etfs tracking the same Hs tech
3033 – Offered by CSOP (in HKD), expense ratio 0.99% [Listed in HKEX]

3067 – Offered by iShares (in HKD), expense ratio 0.25% [Listed in HKEX]

9067 – Offered by iShares (in USD), expense ratio 0.25% [Listed in HKEX]

All ETFs tracking the same underlying index, which is the Hang Seng Tech Index. The main differences are the currency class of the ETF, and the exchanges they listed at and hence the related fees arise from the exchanges. (There is no custody or platform fee for ETF investment in FSM)




those who are not sure, pls do not typed in forum claiming "no movement"
i m also learning too....if unsure, dont key...dont type here first
but feel free to ask and learn 1st

Ipo price is $1.35?
 

OngHuatHuat

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Transaction Value

Total Contract Value SGD 1,351.00

Commission SGD 10.00

Clearing Fee SGD 0.44

SGX Trading Fee SGD 0.10

GST SGD 0.74

Total Commission & Fees SGD 11.28

Indicative Total Proceed SGD 1,362.28
 

KGuanZ

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Hi, for those who purchased the IPO via fsm. Will it auto transfer into our CDP account (as we provided CDP account during the subscription) or do we have to link our CDP to fsm accounts?
 

OngHuatHuat

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I saw the transaction history, seems like this etf spiral downwards after trading starts. May get cheaper?
 

dappermen

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hi!which brokerage did u use?
i notice that FSM tend to reflect the rates slower woh...& in Live pricing/tradig now , it should be dropping since its morning opening
or tht is just an indicative @ fsm? eg now sgx reflecting 1.351-1.352 but FSm still @ 1.355??

u get only 1K units ? just for the fun?



Total Contract Value SGD 1,351.00

Commission SGD 10.00

Clearing Fee SGD 0.44

SGX Trading Fee SGD 0.10

GST SGD 0.74

Total Commission & Fees SGD 11.28

Indicative Total Proceed SGD 1,362.28
 

OngHuatHuat

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hi!which brokerage did u use?
i notice that FSM tend to reflect the rates slower woh...& in Live pricing/tradig now , it should be dropping since its morning opening
or tht is just an indicative @ fsm? eg now sgx reflecting 1.351-1.352 but FSm still @ 1.355??

u get only 1K units ? just for the fun?


I bought mainly to fulfill Multiplier requirement. DBS Vickers Cash Upfront.



Like every month, i get some interest from that account, then i purchase some stocks based on that.



It is 1.352 now. I guess today still okay, tomorrow if tech sector performs badly again, it may drop below IPO price. Mine is real time quote by the way.
 
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