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@MHh
If you are bullish on China, want a diversified buy and don't want forex risk, can consider $Lion-OSPL China L S$(YYY.SI)$. This ETF tracks the Hang Seng Stock Connect China 80 Index, giving you access across all sectors and industries. Top 10 holdings are familiar names to most people. Some of them are tech companies and therefore overlaps with the Hang Seng Tech index or $Lion-OCBC Sec HSTECH S$(HST.SI)$. Companies such as Tencent, Meituan are overlaps but percentages of exposure are different. One thing to note, Alibaba is NOT included in this. So depending whether you love or hate Alibaba, this is something to consider. The other advantage is by virtue of it tracking the Hang Seng Stock Connect China 80 Index, there is no direct exposure to ADRs. Even in the most unfortunate event of delisting, this has no direct risks. In addition, by tracking this index, you are only buying leaders of each sector or industry, without have to do the tedious work of stock picking!' Expense ratio is capped at 0.62% for the first 2 years since inception. Definitely not cheapest but cheaper than most unit trusts and pretty much comparable across its peers that tracks similar indices. Currently no dividend has been announced but not ruled out. Dividend may be given at discretion of the fund manager. Any dividend to me is considered a bonus as I am into it for the growth story of China. However, for this year, based on what I've heard, there should be about 2% dividend coming this June! Price is attractive now. The price is in part driven down by China's rising Covid-19 casesand her zero Covid policy. Do bear in mind that China aims for 5.5% gdp growth this year and if it achieves that, many of these companies could benefit! @AliceSam@RDPD富爸穷爸@Wayneqq@LuckyPiggie
If you are bullish on China, want a diversified buy and don't want forex risk, can consider $Lion-OSPL China L S$(YYY.SI)$. This ETF tracks the Hang Seng Stock Connect China 80 Index, giving you access across all sectors and industries. Top 10 holdings are familiar names to most people. Some of them are tech companies and therefore overlaps with the Hang Seng Tech index or $Lion-OCBC Sec HSTECH S$(HST.SI)$. Companies such as Tencent, Meituan are overlaps but percentages of exposure are different. One thing to note, Alibaba is NOT included in this. So depending whether you love or hate Alibaba, this is something to consider. The other advantage is by virtue of it tracking the Hang Seng Stock Connect China 80 Index, there is no direct exposure to ADRs. Even in the most unfortunate event of delisting, this has no direct risks. In addition, by tracking this index, you are only buying leaders of each sector or industry, without have to do the tedious work of stock picking!' Expense ratio is capped at 0.62% for the first 2 years since inception. Definitely not cheapest but cheaper than most unit trusts and pretty much comparable across its peers that tracks similar indices. Currently no dividend has been announced but not ruled out. Dividend may be given at discretion of the fund manager. Any dividend to me is considered a bonus as I am into it for the growth story of China. However, for this year, based on what I've heard, there should be about 2% dividend coming this June! Price is attractive now. The price is in part driven down by China's rising Covid-19 casesand her zero Covid policy. Do bear in mind that China aims for 5.5% gdp growth this year and if it achieves that, many of these companies could benefit! @AliceSam@RDPD富爸穷爸@Wayneqq@LuckyPiggie

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