SGX Weekly Review: Tesla, Sembcorp Industries and UOB Asset Management

The Smart Investor2022-10-22

Welcome to this week’s edition of top stock market highlights where we feature interesting snippets of corporate earnings or business news.TeslaTesla released its fiscal 2022’s third quarter (3Q2022) ...

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Mich77
2022-10-23
Mich77
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AlanChong
2022-10-23
AlanChong
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andrew123
2022-10-23
andrew123
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phantom74
2022-10-23
phantom74
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J90
2022-10-23
J90
Kidieieoeer
AngelaChan
2022-10-23
AngelaChan
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href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-telsa-sembcorp-industries-and-uob-asset-management/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to this week’s edition of top stock market highlights where we feature interesting snippets of corporate earnings or business news.TeslaTesla released its fiscal 2022’s third quarter (3Q2022) ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-telsa-sembcorp-industries-and-uob-asset-management/\">Source 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site at Quang Tai Industrial Park.United Overseas BankUnited Overseas Bank’s asset management arm, or UOBAM, has launched an interesting new exchange-traded fund (ETF) that retail investors can purchase.Named UOBAM Ping An ChiNext ETF, it allows investors to access China’s ChiNext market, which is currently only limited to mainland Chinese and foreign institutional investors.The ChiNext index comprises the 100 largest and most liquid A-shares listed on the Shenzhen Stock Exchange.This is the first ETF launched after Singapore Exchange Limited (SGX: S68) signed a memorandum of understanding with the Shenzhen Stock Exchange.UOBAM Ping An ChiNext ETF will provide investors with exposure to innovative growth companies and sectors in China.Industrials take up the bulk (41%) of the ETF, with healthcare and information technology making up 22.4% and 13.5% of the ETF’s composition, respectively.The ETF is rebalanced twice yearly and includes market leaders such as Shenzhen Mindray Bio-Medical 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