Lion-OCBC Securities Hang Seng TECH ETF

[Wahawa]

Vested in IOP and sgx thereafter. Long term play.

 

[Kojo0403]

Vested in IOP and sgx thereafter. Long term play.

vested in IOP and SRS thereafter.. same long term play.. probably will continue to add each year

 

[tidalstorm]

Can share what is IOP?

 

[tomatoman]

Initial offer to public I think

 

[Kojo0403]

Can share what is IOP?

initial public offering.. meaning before the ETF gets listed. the fund managers work with participating deals such as DBSV, OCBC sec, FSMone, Phillip etc to allow investors to invest into it. Main advantage is that investors do not need to pay typical brokerage and exchange fees charged on secondary market.
Bear in mind though.. ETF unlike shares, its value is based on its underlying basket of stocks. Hence its traded price during first day of listing is the weighed averaged value of the underlying companies.. don’t expect a big jump if market is not volatile that day..

So for HST, it’s IOP price was then at around $1.34.. so at $1.44 now those who invested during IOP should be sitting on a gain of 7% - 8%

 

[发哨子2020]

Some of us got it cheaper than IPO.

 

[Kojo0403]

Some of us got it cheaper than IPO.

oh right.. it fell to 1.31 at some point.. good one

 

[Kojo0403]

AUM $92M already.. not bad.. up from $64M at listings
$100M soon

 

[tidalstorm]

initial public offering.. meaning before the ETF gets listed. the fund managers work with participating deals such as DBSV, OCBC sec, FSMone, Phillip etc to allow investors to invest into it. Main advantage is that investors do not need to pay typical brokerage and exchange fees charged on secondary market.
Bear in mind though.. ETF unlike shares, its value is based on its underlying basket of stocks. Hence its traded price during first day of listing is the weighed averaged value of the underlying companies.. don’t expect a big jump if market is not volatile that day..

So for HST, it’s IOP price was then at around $1.34.. so at $1.44 now those who invested during IOP should be sitting on a gain of 7% - 8%

Thanks. Tis IOP. I tot what stock code. I googled, mr goog told me is institute of physics. Lol

 

[发哨子2020]

+ 7.01% for my buy @$1.343 Dec 29.
Those who bought $1.31 more huat .

oh right.. it fell to 1.31 at some point.. good one

 

[Kojo0403]

10 Most traded Singapore-listed ETFs in 2020

Top 10 are mainly STI, REITs and Gold ETF. I guess HST will make it to this list in 2021!

https://www.facebook.com/17426872937...692427241/?d=n

1.SPDR® GOLD SHARES
2.SPDR® Straits Times Index ETF
3.Nikko AM - Straits Trading Asia ex Japan REIT ETF
4.Nikko AM Singapore STI ETF
5.Lion-Phillip S-REIT ETF

 

[MangoTuna65]

Volatile morning it seems, I took some profit at 18.32 for SHEK:3067. US side, futures starting to bleed.

 

[dappermen]

Top 10 are mainly STI, REITs and Gold ETF. I guess HST will make it to this list in 2021!

https://www.facebook.com/17426872937...692427241/?d=n

actually i dont get it why no1 ever tot of doing a HK/china/ hangseng ETF much earlier when other nation alrdy have done

kweb : KraneShares CSI China Internet ETF (not created recently)
b it it is Internet/Tech / IT or related to that...why no1 created one of such in sgd??

if others can do somethinng similar although domiciled in HK or USA https://secure.fundsupermart.com/fsm/etf/etf-factsheet/HKEX.3067, why we cannnot do it much earlier

 

[DevilPlate]

PGJ etf is the "true" China qqq?
Any comments?

 

[发哨子2020]

+2.15 % today .
Not bad .

 

[Wahawa]

Slow but steady up and up.

 

[sCuzzZy]

Gna close red today liao.

 

[Kojo0403]

actually i dont get it why no1 ever tot of doing a HK/china/ hangseng ETF much earlier when other nation alrdy have done

kweb : KraneShares CSI China Internet ETF (not created recently)
b it it is Internet/Tech / IT or related to that...why no1 created one of such in sgd??

if others can do somethinng similar although domiciled in HK or USA https://secure.fundsupermart.com/fsm/etf/etf-factsheet/HKEX.3067, why we cannnot do it much earlier

I guess late is better than never! Looks like it’s a good move though.. Their AUM hitting $100M soon

 

[Kojo0403]

Gna close red today liao.

Hope it don’t rally too much.. i still got funds not deployed!

 

[OngHuatHuat]

anyone buying this...?