To ride the growth wave of future technology

Hummingbirdx
2021-03-29

The $Hang Seng Tech Index - main(HTImain)$tracks the performance of the 30 largest technology companies listed in the Hong Kong stock exchange. 

An index is not something that one can invest in directly. Instead, investors can invest in Exchange Traded Funds (ETFs) that track the performance of the index.

One amazing thing about investing in this ETF is it allows investors to invest in a basket of Chinese tech stocks even with small capital.

The $CSOP HS TECH(03033)$is the world’s 1st listed ETF to track the Hang Seng TECH Index.

Alternatively for those in Singapore also can consider $Lion-OCBC Sec HSTECH S$(HST.SI)$ which is trade in SGD.

Both ETF objective is to replicate the performance of the Hang Seng TECH Index. 

Recently China’s new antitrust laws against their own tech giants and a lot of bad news causing huge sell-off in China tech stocks which maybe a opportunity for investors to be greedy when others are fearful.

The Hang Seng TECH Index has drop ~30% from February peak. Current rebound is a good level for me to accumulate Hang Seng TECH ETF as one of my longterm holding. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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