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CSOP Hang Seng Technology Index ETF (3033) Pricing Exposure Admission Fee is reported to be only 1,800 yuan

2020-08-26T03:13:17.572Z


The Hang Seng Technology Index, known as the "Hong Kong Ban Na Index", finally has news about ETFs one month after its launch. CSOP Asset Management will issue "CSOP Hang Seng Technology Index ETF" (3033). It is expected that this Friday (2


Financial News

Author: Zhai Ziqian

2020-08-25 07:30

Last update date: 2020-08-25 07:30

The Hang Seng Technology Index, known as the "Hong Kong Ban Na Index", finally has news about ETFs one month after its launch. CSOP Asset Management will issue "CSOP Hang Seng Technology Index ETF" (3033), which is expected to be officially listed on the Hong Kong Stock Exchange this Friday (28th).

It is reported that the Southern East England Hang Seng Technology Index ETF has 200 fund units per lot, and the admission fee is 1,800 yuan, which is about 9 yuan per fund unit.

It is reported that Huasheng Securities has officially opened the exclusive online subscription of the ETF, and the subscription period is until 8:00 am on Wednesday (26th).

Huasheng Securities CEO Zhang Ting pointed out that many Internet companies from the United States will go to Hong Kong for secondary listing. (Profile picture)

The Hang Seng Technology Index will track individual stocks in sectors including the Internet, e-commerce, local life services, financial technology, and cloud computing, including market-focused ATMMX (Alibaba, Tencent, Meituan, and Xiaomi), which account for 33.49% of all revenues.

Huasheng Securities CEO Zhang Ting told "Hong Kong 01" that more than 80% of investors currently participating in Hong Kong stock trading will participate in the transactions of large Internet companies. He continued that for investors, ETF investment is a long-term and stable investment strategy.

Asked about the development trend of the Hang Seng Technology Index, Zhang Ting took a positive attitude and believed that many Internet companies would go to Hong Kong for secondary listing from the United States. These companies are already very mature in the United States and will be included in the Hang Seng Technology Index.

In addition, market news indicates that Hang Seng Asset Management and China Asset Management are actively preparing to launch the Hang Seng Technology Index ETF, but there is no news about when to disclose the relevant products.

Hang Seng Technology Index

Source: hk1

All news articles on 2020-08-26

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