Lion-OCBC Securities Hang Seng TECH ETF

[British_Bulldog]

ya quite strong today.
hopefully will rise steadily from now on.

 

[Ch3tah_39]

Why will it have correlation with STI?

 

[Mr. Wood]

Why will it have correlation with STI?

becoz mkt is irrational

 

[yuzu28]

Why will it have correlation with STI?

Cos i remember one forumer was saying this hst acts like hedging for sti. Not sure was it kojo who said that.

 

[TehSi99]

Very volatile... up and down.

 

[GreenCurry]

Very volatile... up and down.

ya wild ride

 

[singqian]

Very volatile... up and down.

ppl say this is normal.. 3 to 5% up and down...
now 1.38 is good to buy

 

[dappermen]

becoz mkt is irrational

I noticed only sgx mkt is irrational and to be precise: highly irratnl!!!

 

[TehSi99]

I noticed only sgx mkt is irrational and to be precise: highly irratnl!!!

When world indices go up year on year over decades, we are no where different over the years but we are one of the best performers in this pandemic.

 

[TehSi99]

ppl say this is normal.. 3 to 5% up and down...
now 1.38 is good to buy

I think also dependent on the stocks in this etf.

 

[frigatex]

When world indices go up year on year over decades, we are no where different over the years but we are one of the best performers in this pandemic.

I believe you mean sg market is one of the best performers in 2021 only. 2020 it was lagging.

Also, when world indices go up year on year, are you sure sg market was "nowhere different"?

 

[dappermen]

Wjat i heard is sgx is alwys poor

 

[YouHeypiCanLiao]

can use usd to buy ?


Read HWZ Forum Rules!

 

[dappermen]

can use usd to buy ?


Read HWZ Forum Rules!

yes got USD https://www.sgx.com/securities/products/Hss

 

[British_Bulldog]

sgx everywhere red... china techs also red...

sad

 

[singqian]

buying lo

sgx everywhere red... china techs also red...

sad

 

[yumsang]

 

[TehSi99]

The underlying tech stocks still look overpriced.

What is the fundamentals that drive up the prices during pandamic?

 

[revhappy]

The underlying tech stocks still look overpriced.

What is the fundamentals that drive up the prices during pandamic?

It depends on how long term view you have. The earnings are growing at 35% pa since 2015. PE ratio is 30 times this years earning but only 21 times 2023 earnings.

High growth may look expensive but you just need to wait it out for couple of years and their growth will take care of the valuations.

This article is a good take on it
https://theinvestquest.com/china-tech-stocks-are-down-27-since-feb-2021-should-you-invest-now/

 

[dappermen]

The underlying tech stocks still look overpriced.

What is the fundamentals that drive up the prices during pandamic?

we look into the future o those stks!



isnt crypto coin evn Much overpriced & worst, they r nt evn phy currency!