Quick Summary
| Who? |
Lion-OCBC Tech ETF tracks the Hang Seng TECH ETF (3032.HK), giving exposure to the Mainland Chinese Technology Industry |
| What? |
Top holdings in the ETF includes: Alibaba, Tencent, Meituan, AliHealth, JD, Xiaomi & Lenovo etc |
| When? |
IPO process has started, due to be open for trading on SGX on 10 Dec 2020 |
| Why? |
Strong belief and confidence in China & TechnologyBut do not want currency exposure to HKD |
| Where? |
Available on the Singapore Stock Exchange, with SGD and USD options |
| How? |
Trade the ETF via your trading platform after 10 Dec 2020 |
2020 has been a challenging year with negative news from every angle, yet the silver lining to 2020 has been the rapid rise and growth of the technology industry. This is good news for technology investors as traditional tech stocks like Facebook, Amazon, Apple and Google reached new heights....
