13-07-2021, 02:30 PM
Lion Global, OCBC Securities to list China-focused ETF on SGX in August
VIVIENNE TAY
JUL 12, 2021 12:53 PM
LION Global Investors and OCBC Securities will be listing a new China-focused exchange-traded fund (ETF) on Aug 2, OCBC said in a press statement on Monday.
The Lion-OCBC Securities China Leaders ETF tracks the Hang Seng Stock Connect China 80 Index, which comprises the top 80 largest Stock Connect eligible Chinese companies listed in either Shanghai, Shenzhen or Hong Kong by market capitalisation.
This will be Singapore's first China-focused ETF to pay annual dividends to investors. It will also allow them to diversify their investment portfolio through the inclusion of Chinese stocks.
Its initial offering period will start from July 12 until July 28. It will then be available in both Singapore dollar and yuan denominations after listing on Aug 2. (see amendment note).
VIVIENNE TAY
JUL 12, 2021 12:53 PM
LION Global Investors and OCBC Securities will be listing a new China-focused exchange-traded fund (ETF) on Aug 2, OCBC said in a press statement on Monday.
The Lion-OCBC Securities China Leaders ETF tracks the Hang Seng Stock Connect China 80 Index, which comprises the top 80 largest Stock Connect eligible Chinese companies listed in either Shanghai, Shenzhen or Hong Kong by market capitalisation.
This will be Singapore's first China-focused ETF to pay annual dividends to investors. It will also allow them to diversify their investment portfolio through the inclusion of Chinese stocks.
Its initial offering period will start from July 12 until July 28. It will then be available in both Singapore dollar and yuan denominations after listing on Aug 2. (see amendment note).