Invest
Why Buy Lion–OCBC Securities Hang Seng TECH ETF?
By The Astute Parent  •  December 25, 2020
Lion-OCBC securities Hang Seng Tech ETF (HST.SI) listed on 10Dec2020 at HK$7.75 issue price or SGD$1.33.

At this moment of writing, it is trading above the IPO price. (chart shown below)

This article is to describe what it delivers for you as an investor and how it compares to alternatives.

Get diversified investment across 30 HK Tech companies

This ETF covers leading technology-themed companies across the information technology, industrials, healthcare, consumer and financials sectors.

In the TOP 10 are names that include

- Alibaba Group (SEHK: 9988), the largest online marketplace where people can conveniently buy and sell goods online.

- Meituan-Dianping (SEHK: 3690), a super app which I've used before on my trip to Hangzhou to know more on dining/restaurant deals and reviews.

- Tencent Holdings (SEHK: 0700), who runs the WeChat messaging platform and is an investor into many technology unicorns.

Top holding is Sunny Optical Technology who supplies to Apple iPhone.

I must admit I haven't heard of them before looking into this ETF.

...
Read the full article
By The Astute Parent
We have been sharing in-depth insurance plan reviews to our community since 2016. TheAstuteParent is now the BIGGEST online resource of financial planning guides. We are committed to upholding it that way.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance