To The Moon

Buy $Lion-OCBC Sec HSTECH S$(HST.SI)$if you believe in the potential and continual growth of the Chinese tech companies. It tracks the Hang Seng Tech index which contain the largest 30 tech theme companies listed on the Hong Kong exchange. Contains familiar names like Alibaba, Tencent, Meituan, JD and more. Saves one the hassle of having to pick stocks and the fluctuations are less wide than the individual stocks. Good for Singapore investors who want to invest in these companies but do not want to be exposed to direct forex risk.

Expense ratio is capped at 0.68% per annum for 2 years. This is not cheap compared to vanguard ETFs but comparable to most other ETFs that track Chinese stocks. As this is mainly growth stocks, no dividend has been declared yet and probably none in the near term.

Price has been beaten down due to regulatory risk. However, the Chinese government has hinted that regulatory risks should be ending and last Friday, has announced the first concrete step of what it is willing to do to help its companies remain listed in the US. 

Price is still a discount compared to its initial listing price. Buy if you believe that the Chinese economy will become the largest worldeconomy in time to come and these companies will soar. Expect more volatility on road ahead and consider this only if your investment horizon is at least 3 years. For more conservative investors, may be even 5-10 years. 

@RDPD富爸穷爸@LuckyPiggie@PaperPlay@DiAngel