To The Moon

🌟🌟🌟Hong Kong's Hang Seng Index closed 0.5% higher on Monday at 17746.91, led by property stocks. The Bullish sentiment was likely supported by news of another city in China easing curbs on home buying, which has raised market expectations that other Tier 1 cities will follow suit. Hong Kong stocks surge by the most in 3 weeks as they were boosted by an overnight rally in US shares as well as bullish sentiments on expectations of support measures from Chinese authorities. $TRACKER FUND OF HONG KONG(02800)$ is a great way to capture the current upward momentum in the Hong Kong market as it tracks the performance of the Hang Seng Index. In just 1 trade you gain access to the Blue Chips stocks of the Hong Kong market. The Top 10 holdings include Tencent Holdings, HSBC, Alibaba Group, Meituan, AIA Group, China Construction Bank, China Mobile, Industrial and Commercial Bank of China, CNOOC and Xiaomi. $TENCENT(00700)$ is the 2nd largest video company in the world after Sony. While games remain Tencent 's primary monetisation model, Tencent also owns social media platforms such as WeChat, QQ, WePay, music streaming, on demand cloud and much more. HSBC is one of the world' s largest banking and financial services group with global business serving around 42 million customers worldwide through a network that covers 62 countries and territories. $Alibaba(09988)$ is one of the world' s leading ECommerce conglomerates as well as cloud computing, digital media and entertainment, local consumer services, logistics and many more. Alibaba has risen 7% in the past 5 days but is still slightly down by 0.4% year todate. $MEITUAN-W(03690)$ is one of the most popular apps in China providing not only food delivery but also movies, hotels, travelling, bicycle sharing service etc. Meituan shares have been up 8.5% in the past 5 days and have jumped 40% year todate. AIA is Asia's leading insurance company that provide extensive coverage for life, accident, medical and health as well as investment linked products. China Construction Bank and Industrial & Commercial Bank of China are 2 of the biggest Chinese banks. China Mobile is the world 's largest mobile network operator by total number of subscribes. It provides mobile voice and multimedia services throughout China and Hong Kong with 975 million customers. CNOOC is the 3rd largest of the Big 3 Chinese oil companies specialising in offshore upstream exploration and production. Xiaomi is well known for its consumer electronics, software, home appliances, household hardware and most recently for its new EV SU7 which is an overwhelming success. Top 10 weightage is 54%. Total number of holdings in Tracker Fund is 82. Dividends are paid every 6 months. The current dividend yield is 3.9%. I like The Tracker Fund of Hong Kong as it offers me great diversification into the best stocks in Hong Kong at a low cost. It is the oldest ETF in Hong Kong and the largest in market capitalisation. The Tracker Fund of Hong Kong also does the heavy lifting for me as it will choose the best companies and leave out the non performing ones. So even if negative news were to impact any single stock, the effect is minimised through the strength of the other stocks. I am bullish on the Tracker Fund of Hong Kong as I believe that green shoots of recovery are well on the way. The Tracker Fund of Hong Kong is an important ETF for me as it forms part of my core portfolio as I believe it has a tremendous future growth ahead. Hong Kong is after all the gateway to China, with a huge population of 1.4 billion. @Daily_Discussion @TigerStars @MillionaireTiger @Tiger_comments @CaptainTiger