IMO you'll get more mileage with your investment if you purchase Tencent after the end of the deadline (45days from directive issued); just in case the situation gets worst...

Ni problem. Just plugged in 100 MYR last week, armour still have a few "k"s... Ready to top-up anytime.

But my Chidia fund just dropped 0.4-0.5% from the previous day (the day when tencent dropped sharply). So, perhaps the fund manager pulled out a lot during the sell-down. I expected a drop of 1% ++ in NAV.

Never mind. Next time.

https://www.cnbc.com/2020/08/25/jack-mas-an...anghai-ipo.html

KEY POINTS
Ant Group, which is still controlled by Alibaba founder Jack Ma, reported a more than 1,000% jump in profits in the first half of 2020 from the same period last year.
The company is planning a concurrent listing on the Hong Kong stock exchange and the Shanghai stock exchange's STAR market.
Ant said that geopolitical tensions between the United States and China could "negatively affect" its business.

9988 will be benefit from this

Alibaba has 33% of shareholding in ant financial. Anyone?

This post has been edited by foofoosasa: Aug 25 2020, 09:23 PM

From where can subscribe for the IPO?

U should try ask your broker bro. They sure would like to help u.

I invest in alibaba 9988 few months back, so hopefully this news help to push 9988 a bit.

a bit?? I thought push the price up a lot already?

I wonder if they will sell 9988 once Ant is listed.

Push another 20% I am happy 😊

it has arrived. ETF 3033.HK will be listed on Fri 28 Aug.

HKEX CSOP Hang Seng Tech ETF 03033 debuted today.

Current traded at HKD7.76.

High 7.87, low 7.59.

I bought at 7.69.

http://www.aastocks.com/en/stocks/quote/qu...px?symbol=03033

This post has been edited by AVFAN: Aug 28 2020, 10:45 AM

Just a reminder for those CSOP ETF investor:

https://www.mpfinance.com/fin/instantf2.php...&issue=20200828

(Sorry, it's in traditional Chinese as it is published in Ming Pao, a HK newspaper, can use Google Translate or seek help from investors here who can read in traditional Chinese.)

A short summary: The ETF traded far above its NAV during the early trading session. CSOP would like to remind investors to understand the product (the ETF) and check if the pricing is correct and justified.

At one point, the ETF traded at 20 HKD when the NAV is only around 7.5 HKD.

Meanwhile, Hang Seng will offer its own Hang Seng Tech ETF next Friday to meet the huge demand from investors.

This post has been edited by TOS: Aug 28 2020, 01:22 PM

the hkd20 price wasn't real, i think... some market maker indication only.

but it did go to a high of 9.10.

it is now 7.745.
http://www.aastocks.com/en/stocks/quote/qu...px?symbol=03033

like our bursa kaki's... goreng anything under the sun.

The range clearly shows 20 at the other end.





http://www.etnet.com.hk/www/eng/stocks/rea...e.php?code=3033

True, everything just goreng.

CSOP HSTech etf closed yesterday at HKD7.61.

news:

https://www.reuters.com/article/china-marke...r-idUSL4N2FU3NH
https://www.thestandard.com.hk/breaking-new...-ETF-goes-south

Hi all,

Wondering if anyone can show me a thread on how I can access the Hong Kong stock exchange, i.e. : What broker to use ? Brokerage fees etc

Hang Seng also launching one? Interesting!!

Tq bro,... you are well-informed.

I am aiming for Ant Fin now,....

i actually searched for it a few days ago and found out it was launching on 28 Aug.

didn't even think much... went straight to buy!

these days, it is hard to do equities the conventional way.

we now live in abnormal times given all that is happening or changing with covid19.

i have confidence that all big tech, inc china big tech have plenty of room to move higher.

no one expected this, but it is now a fact:




This post has been edited by AVFAN: Aug 30 2020, 12:51 PM

For myself,... falling interest rates attracted me the most. An article appeared recently saying that the Feds may keeps rates low for the next 5 years. Chair Powell's speech was televised live last Thursday night.

Low interest rates will affect FDs, bond coupon rates, etc,... no more safer investments in future !

When is Ant financial expected to be listed?

just did some fresh reading on Ant Fintech... very intersting, very promising... will keep an eye on it.

https://www.marketwatch.com/story/ant-group...ber-11596494575
https://marker.medium.com/how-ant-group-bec...ld-7afae29ec1d3