Lion-OCBC Securities Hang Seng TECH ETF

[dappermen]

There will be up and down over the years, but looking at the past few years, this etf is still growing. Tech will grow because it drives the world. Good thing about etf is the underlying stocks can be replaced if it is not performing.

But bankers or investmt firms will alwys say past performance is no indication of future... lol


Anyway it is true to invest for mid term and beyond , pls do not cry over a few cents ups and downs!
https://www.businesstimes.com.sg/stocks/alibaba-antitrust-fears-worsen-china-tech-giants-selloff
China's e-commerce leader on Monday raised a proposed stock repurchase programme by US$4 billion to US$10 billion, effective for two years through the end of 2022. The buyback programme, which began this quarter, failed to stem a slump in the shares, which slid more than 5 per cent in Hong Kong to a six-month low.

Investors remain divided over the extent to which Beijing will go after Alibaba and its compatriots as Beijing prepares to roll out the new anti-monopoly regulations. The country's leaders have said little about how harshly they plan to clamp down or why they decided to act now.

 

[twosix]

all investors will have disclaimers. if someone like a friend asks me for input, i will also put in some disclaimers. dun want to get into trouble later.

 

[Opps-gal]

Yea.. its easier to just stay invested and only look at it/ rebalance once in a while. Don't be overly excited with a few percentage of up or down daily.. especially when it is tech-focused ETF that is expected to have much higher volatility.

Just let it automatic rsp invest. Lazy to keep looking and worry. Too volatile for weak heart to keep seeing price up and down.

 

[Opps-gal]

But bankers or investmt firms will alwys say past performance is no indication of future... lol


Anyway it is true to invest for mid term and beyond , pls do not cry over a few cents ups and downs!
https://www.businesstimes.com.sg/stocks/alibaba-antitrust-fears-worsen-china-tech-giants-selloff
China's e-commerce leader on Monday raised a proposed stock repurchase programme by US$4 billion to US$10 billion, effective for two years through the end of 2022. The buyback programme, which began this quarter, failed to stem a slump in the shares, which slid more than 5 per cent in Hong Kong to a six-month low.

Investors remain divided over the extent to which Beijing will go after Alibaba and its compatriots as Beijing prepares to roll out the new anti-monopoly regulations. The country's leaders have said little about how harshly they plan to clamp down or why they decided to act now.

Us also regulate tech stocks?

 

[MrHighlander]

I bought 1.319

Should I be concerned ?

 

[George Soros]

I bought 1.322

 

[dappermen]

Us also regulate tech stocks?

regulation applies to whole grp

 

[dappermen]

Just the expense ratio at 0.68% quite steep

there is 1 w much higher exp ratio - CSOP HANG SENG TECH INDEX ETF*
cheaper pr 2 enter&buy! yet larger volatility2 play with! Tracks the same Hang Seng TECH NR HKD too but SIP (Specific inv pdt - nt sure y)
https://secure.fundsupermart.com/fsm/stocks/etf-factsheet/HKEX/3033

*3033 – Offered by CSOP (in HKD), expense ratio 0.99% [Listed in HKEX]

as mentiond: by fsm too https://secure.fundsupermart.com/fsm/article/view/rcms214122/invest-in-30-of-the-largest-chinese-tech-companies-through-the-new-hang-seng-tech-index
the CSOP Hang Seng TECH Index ETF (HKEX:3033) has the highest liquidity and AUM, likely because it is the first ETF of its kind to be listed. just tt, its annual management fee of 0.99% is significantly higher than its peers.

 

[tidalstorm]

Baba no lao sai yesterday. The boat has left... lol

 

[Opps-gal]

there is 1 w much higher exp ratio - CSOP HANG SENG TECH INDEX ETF*
cheapr 2 enter! yet larger volatility2 play with! Tracks the same Hang Seng TECH NR HKD too but SIP (Specific inv pdt - nt sure y)
https://secure.fundsupermart.com/fsm/stocks/etf-factsheet/HKEX/3033

*3033 – Offered by CSOP (in HKD), expense ratio 0.99% [Listed in HKEX]

Many tech etf same but different. 3067, 3033, 3088?

 

[dappermen]

i previously listed https://forums.hardwarezone.com.sg/131317037-post273.html -

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

3067 – Offered by iShares blackrock mgt(in HKD), expense ratio 0.25%[Listed in HKEX] ie ISHARES HANG SENG TECH ETF

9067 – Offered by iShares (in USD), expense ratio 0.25%[Listed in HKEX]
https://forums.hardwarezone.com.sg/131333410-post359.html

& 3088 (SIP)gal mentnd

I Still hve faith in the Ant, no matter wat! I m excited abt their license in sg too, lookg fwd!!!!!
https://www.bloomberg.com/news/articles/2020-12-29/ant-considers-holding-company-with-regulation-similar-to-bank-sources-say
Ant Group is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most- profitable units, Bloomberg News reports.
The fintech giant is planning to move any unit that would require a financial license into the holding company, pending regulatory approval

this too- https://www.facebook.com/valueinvestasia/videos/172313718001430

 

[发哨子2020]

Losing steam .

 

[skpuppy]

Actually this ETF doesn’t really move with the Hang SENG listed ones. For example 3067hk is up 1.95% whereas HSI is up 0.9%. Quite strange lei

 

[Perisher]

Actually this ETF doesn’t really move with the Hang SENG listed ones. For example 3067hk is up 1.95% whereas HSI is up 0.9%. Quite strange lei

One is HSI, one is hk tech wor.

 

[_dXter]

Actually this ETF doesn’t really move with the Hang SENG listed ones. For example 3067hk is up 1.95% whereas HSI is up 0.9%. Quite strange lei

You need to see HSTECH index

 

[skpuppy]

I thought both are tracking hang seng tech index? How can it be different?

 

[Kojo0403]

Actually this ETF doesn’t really move with the Hang SENG listed ones. For example 3067hk is up 1.95% whereas HSI is up 0.9%. Quite strange lei

A few factors to consider.
i. FX: HST is based on SGD while HK listed ones are based on HKD. Hence if HKD weakened significantly against SGD, you may see substantial gains in HK listed ones vs HST. (SGDHKD don’t fluctuate too much intra-day hence usually is not the sole reason)
ii. Underlying market trading hours vs SGX trading hours: Since HK market close at 4pm while SGX closes at 5pm, it is possible that HST closes at a higher price during the day compared to HK listed ones. When that happens, the % change your see the next day will have some discrepancy. If HST closes higher yesterday, it will give a lower % gain the next day and vice versa. But it should not have any impact on an investor overall return.

Do bear in mind however, that HST should be most liquid between 9.30 -4.00pm since its underlying stocks are traded during that period.
9.15 to 9.30 and 4.00 to 4.30 might still have decent liquidity since HS Tech futures are trading during these hours.

9.00 to 9.15 and 4.30 to 5.00 should be avoided for most retail investors since spread is expected to be wider as market maker might have difficulty in hedging. Sophisticated investors however might make use of these additional hours to their advantage to trim off or add position based on their expectation.

 

[发哨子2020]

5 Most Influential Companies Of The New Lion-OCBC Securities Hang Seng TECH ETF
https://thesmartinvestor.com.sg/5-m...-new-lion-ocbc-securities-hang-seng-tech-etf/

 

[Kojo0403]

Most prob rally higher today

 

[发哨子2020]

Put my tail in buying yesterday afternoon @ $1.343.