By doing so, you and %USER_NAME% will not be able to see Thanks for your comment. Your status will be reviewed by our moderators. and participate in the lively discussion regarding stocks! It may therefore take some time before it appears on our website. Other than the requirement above to be eligible, it must also meet at least one of the following criteria: Only companies incorporated in Greater China (mainland China, Hong Kong, Macau or Taiwan) and listed on the main board of the Hong Kong stock exchange will be eligible for selection. But I love investing in monopolies. The Hang Seng TECH Index was launched on 27 July 2020. Get instant access to a free live streaming chart for the iShares Hang Seng TECH ETF ETF. This comment has already been saved in your, Asian stocks fall as virus spread accelerates, Stock Rally Fizzles, Powell to Speak, Gloomy IEA - What's up in Markets, Dow Falls as Bears Sink Claws in Value on Record Surge in U.S. Cases. Are you sure you want to delete this chart? For example, the iShares Hang Seng TECH ETF uses a representative sampling investment strategy that can result in a greater tracking error than a full replication investment strategy (used in STI ETFs). Get iShares Hang Seng TECH ETF (3067-HK:Hong Kong Stock Exchange) real-time stock quotes, news and financial information from CNBC. However, there are ETFs tracking the Hang Seng TECH Index that investors can invest in. Please note that all comments are pending until approved by our moderators. The companies with the greatest market capitalisations will have the highest weights in the index. The broader Hang Seng Index was nearly flat over the same period. (P.S. The Hang Seng TECH Index was launched on 27 July 2020. Here Are The Popula…, A Tale of Two Indexes: Why Has the S&P 500 Recovered Faster Than the …, Working Adult: Diversify Your Portfolio Overseas For Better Investmen…, Semiconductor Manufacturing International Corporation (SMIC). If you choose to go for the iShares Hang Seng TECH ETF due to its low expense ratio, you should also be satisfied with the ETF possibly using financial derivatives such as futures contracts and options to achieve its investment objective. The new ETF will likely funnel more investor funds into Hong Kong-listed tech stocks, which include titans like Tencent Holdings Ltd. and Alibaba Group Holding Ltd., just as a growing number of U.S.-listed Chinese tech companies have filed for a secondary listing in the city amid rising China-U.S. tensions. As of the end of March, HK$279.2 billion ($36 billion) in ETF assets were listed on the Hong Kong Stock Exchange, accounting for less than 1% of the global ETF industry. 3 Retail Stocks Set To Post Impressive Q3 Earnings, Gold: When Vaccine Promises Meet Real-Time Infections, Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06, BlackRock Asset Management North Asia Ltd - ETF, Direxion Daily Junior Gold Miners Bull 2X Shares, To use this feature, make sure you are signed-in to your account, Make sure you are signed-in with the same user profile. Caixin China Biz Roundup: Hong Kong and Singapore to Launch ‘Air Travel Bubble’, Gallery: China ‘Double 11’ Buyers, You’ve Got Mail, Local Governments Near Completion of Annual Special Bond Borrowing, Cover Story: Why Ant Group’s IPO May Stay on Ice for a While, American Chamber of Commerce in Hong Kong Sells Headquarters, China’s 3-Year Crackdown Leaves Just Three P2P Lenders Standing. And it tracks 30 of the biggest technology growth companies listed on the Stock Exchange of Hong Kong. Why not check out the SeedlyCommunity and participate in the lively discussion regarding stocks! Please wait a minute before you try to comment again. %USER_NAME% was successfully added to your Block List. Below is a table showing the various ETFs that investors can choose from: To know the latest index holdings and understand the risks involved with each ETF, you should refer to the ETF’s website. Susan Chan, head of Asia at BlackRock, said investors in China and Southeast Asia have shown growing interest in the Hang Seng Tech Index. Right now, let’s explore what the new index is all about and the options available for investors to easily diversify their portfolio. However, there are four ETFs tracking the Hang Seng TECH Index that investors can buy into. They must also have high business exposure to technology themes such as the internet (including mobile), fintech, cloud computing, e-commerce, or digital. Investors should be comfortable paying a higher-than-normal valuation to invest in the fast-growing Chinese tech companies. One cannot invest directly in an index. Here’s a full list of the 30 components of the Hang Seng TECH Index and their respective weights: Source: Hang Seng Indexes (as of 31 August 2020). Readers should always do their own due diligence and consider their financial goals before investing in any stock. Sign up to create alerts for Instruments, Index components will be reviewed and rebalanced every quarter (data cut-off occurs end of March, June, September, and December). Investors can trade the ETF using either U.S. dollars or Hong Kong dollars. The fees banks charge make ETFs more expensive, which is a problem for a passive investment product typically marketed as low-cost. any of each other's Investing.com's posts. Get detailed information about the iShares Hang Seng TECH ETF ETF including Price, Charts, Technical Analysis, Historical data, iShares Hang Seng TECH ETF Reports and more. In many cases, banks sell fund managers’ ETFs to customers, acting as an intermediary. Time To Bet On These 3 Cyclical Stocks After Positive COVID-19 Vaccine News? Still have more questions after reading the article? Fret not, ask our community here! Your ability to comment is currently suspended due to negative user reports. All Rights Reserved. It must be a technology-enabled business (e.g. Avoid profanity, slander or personal attacks. Meanwhile, mom-and-pop investors in the city prefer stocks to stock market indexes, which explains why its ETF market is relatively small. Disclaimer: The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. The iShares Hang Seng Tech ETF will track the Hang Seng Tech Index, which gauges the performance of the 30 largest tech companies listed in the city, according to a prospectus released on Tuesday. The index is weighted by free-float market capitalisation, which refers to a company’s total number of outstanding shares that can be publicly traded multiplied by its share price. Do check out the best brokers backed by real user reviews if you wish to open an account!). 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