Hong Kong stock ETFs buy Hong Kong stocks in the Hong Kong market based on the index they track, and the approved ETF interoperability product is to directly buy ETFs that track the index in the Hong Kong market.
Wen | Wang Lin
Edit | PanXinyi
On October 23, the Mainland and Hong Kong ETFInterconnection is officially implemented, dry port Investors in the two places can invest in each other through ETFs.
Among the first batch of interoperable products, Harvest Hang Seng China Enterprise ETF and Yinhua ICBC Southern East British S&P China New Economy Industry ETF were listed on the Shenzhen Stock Exchange. Hang Seng Harvest CSI 300 Index ETF and China Southern East England Yinhua China Securities 5G communication theme ETF are listed on the Hong Kong Stock Exchange.
According to the official announcement of the Securities Regulatory Commission of the two places on August 28, this batch of products will be invested in each other’s single target ETF with no less than 90% of the fund’s net assets.
Compared with the previous Hong Kong stock ETF, the Shenzhen-Hong Kong Stock Exchange ETF the biggest difference between the two types of products is the investment target. The Hong Kong stock ETF buys Hong Kong stocks in the Hong Kong market according to the index it tracks, and the approved ETF interoperability product is to directly buy the ETF tracking the index in the Hong Kong market.
Shenzhen Stock Exchange
Harvest Hang Seng China Enterprise ETF will invest in the Hang Seng China Enterprise ETF issued by Hang Seng Investment.
From the perspective of the corresponding index, the Hang Seng China Enterprises Index aims to reflect the overall performance of mainland Chinese companies listed in Hong Kong. The constituent stocks include H shares, red chips and stocks listed on the main board of the Stock Exchange. P-share company. Affected by recent trends in the Hong Kong market, the Hang Seng China Enterprises Index has fallen by 7.16% year-to-date and has closed up 0.4% today.
Yinhua ICBC South East British S&P China New Economy Industry ETF will invest in the ICBC South East British S&P China New Economy Industry ETF issued by South East British Assets.
Hong Kong Stock Exchange aspect
The S&P China New Economy Industry ETF tracking underlying index is the S&P New China Industry Index, which aims to measure the incorporated in the Mainland and Hong Kong Consumer and service industry company performance.
Among them, the top ten constituent stocks are Alibaba, Tencent, Meituan, JD, AIA Group , Ping An Insurance, Kweichow Moutai, Wuliangye, Midea and Hengrui Medicine. China’s A shares and offshore listed stocks are available in All Chinese company stock categories within are eligible to be included in the index. The index has risen about 33.6% year-to-date.
Today’s close, Harvest China Enterprises ETF increased 0.63%, and Yinhua ICBC Southern East British Standard & Poor’s China New Economy Industry ETF increased 0.13%.
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