koolgal
05-26 15:51
🌟🌟🌟I like to invest in $HUABAO CSI HONG KONG STOCK CONNECT INFORMATION TECHNOLOGY COMPREHENSIVE TRANSACTION OPEN INDEX SECURITIES INVESTMENT FUND(159131)$ as it is currently one of the most explosive highly sought after semiconductor ETFs in the Chinese market.

This ETF is unique as it filters out giant e-commerce companies like Alibaba, Tencent or Meituan.  It focus exclusively on pure play hard tech hardware and software stocks listed via Hong Kong Stock Connect.

The top 10 holdings include $SMIC(00981)$ $XIAOMI-W(01810)$ $LENOVO GROUP(00992)$ and $HUA HONG SEMI(01347)$ .

The expense ratio is 0.60% per annum.  This ETF ranks as the largest ETF in this sector with Net Asset Size of RMB 495 million. 

@Tiger_comments @TigerStars @Tiger_SG

Xiaomi Q1 Profit Doubles: Below HK$30 a Buying Opportunity or Trap?
Xiaomi closed below HK$30 today. Q1 earnings released: adjusted net profit RMB 6.1 billion; core business operating profit grew nearly 2x QoQ; global average selling price of smartphones rose 8.2% year-on-year, hitting an all-time high. EV and innovation business revenue of RMB 19.9 billion grew only 6.9% year-on-year, a marked slowdown. Smartphones have ranked global top 3 for 23 consecutive quarters, and sustained ASP improvement validates strategy. Is this institutions front-running, or EV valuation continues to drag?
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