Lion-OCBC Securities Hang Seng TECH ETF

MangoTuna65

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Yea,, bullish trend this week. those who bought during IOP likely to have made 2% - 3%

Might depend on when they actually allocate. If allocated yesterday then free huat from the uptrend. But if they say allocated tonight 00:00 then will have to see how the index moves tomorrow.
 

Kojo0403

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Might depend on when they actually allocate. If allocated yesterday then free huat from the uptrend. But if they say allocated tonight 00:00 then will have to see how the index moves tomorrow.

Likely to have created yesterday or Monday itself.. since the number of units created has been confirmed this morning...

https://links.sgx.com/1.0.0/corpora...0225b2c51218eed08af05bf27ca70c51fbfc3987d0311

LION-OCBC SECURITIES HANG SENG TECH ETF
Admission of 47,599,640 units to the Official List of SGX-S
 

_dXter

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So starting fund size is USD$48M based on number of units created.
 

sunbox

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I also got confirmation. In FSMONE app it shows down by 100%( seems like bug to me)

In yahoo finance, is the ticker symbol 3032.HK?

Just got an email confirmation from FSMONE...
As expected - full allotment!:s12:
 

Kojo0403

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I also got confirmation. In FSMONE app it shows down by 100%( seems like bug to me)

In yahoo finance, is the ticker symbol 3032.HK?

Lol.. yea i guess its because the current price field shows as $0.00 which is misleading.
It should be ok when market opens tomorrow morning.

Its ticker symbol should be HST on sgx and HST SP on Bloombergprice
 

htngwilliam

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Is it possible that this etf will be traded at 10% premium compared to the hk counterparts? Since Singapore only got 1 etf and everyone cheong to buy
 

Kojo0403

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Is it possible that this etf will be traded at 10% premium compared to the hk counterparts? Since Singapore only got 1 etf and everyone cheong to buy

Hopefully not.. as it will be bad for those who bought it at 10% premium.

Its listed price is around US$1.00 or S$1.340. Would recommend individual not to enter if the price has deviated far far away from this value.
Even though Hang Seng TECH has rallied for past 2 days.. The highest it should open tomorrow probably is still below S$1.400.

Best to use a limited order instead of market order.. and don't rush into it.

There are also 2 designated market makers ready to create and sell additional units to the investors at price close the the fund NAV.
 

tidalstorm

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With tech stocks in us drop yesterday, perhaps hk tech also will drop a bit? I see 3067 had gained a bit for the past 2 days.

Also dunno is because of this etf buying in so can track the "index"
 
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