JJ Hou
OP
:
Yes no doubt… still the demand and supply of this etf has to play a part… in sgx, spore locals could purchase them using cpf (nt sure is that approved) srs…. But somehow the overall mkt responses doesnt seemed gd too….in the first place Hongkong etc market alrdy more than 2 similar HSt too….. sg only did a “copycat” version to earn the higher expense ratio % more than another rival….
JJ Hou
OP
:
Dd & Ss play a part: if alot suddenly buys up the ETF, it means the fund now have additional money to purchase the component stocks in it. That could lead to a possible increase to the component stock price. The opposite is also possible. Large numbers redeem their ETF. The fund house has to sell to be able to pay out the money.
Dino866 : HST is an etf. it depends on how well the underlying stocks are doing. seems that many china tech stocks are on the down trend.
JJ Hou OP : Yes no doubt… still the demand and supply of this etf has to play a part… in sgx, spore locals could purchase them using cpf (nt sure is that approved) srs…. But somehow the overall mkt responses doesnt seemed gd too….in the first place Hongkong etc market alrdy more than 2 similar HSt too….. sg only did a “copycat” version to earn the higher expense ratio % more than another rival….
JJ Hou OP : Dd & Ss play a part: if alot suddenly buys up the ETF, it means the fund now have additional money to purchase the component stocks in it. That could lead to a possible increase to the component stock price. The opposite is also possible. Large numbers redeem their ETF. The fund house has to sell to be able to pay out the money.
we r never worry abt selloff or tech sector rotatn https://secure.fundsupermart.com/fsm/article/view/rcms229901/lion-ocbc-securities-hang-seng-tech-etf-1q21-outlook
but
https://forums.hardwarezone.com.sg/threads/lion-ocbc-securities-hang-seng-tech-etf.6415003/page-49#post-135105729
JJ Hou OP : while this ETF Continued to Attract Investors w High AUM/turnov/YTD Inflows S$M ! but .....
https://www.sgx.com/research-education/market-updates/20210616-etfs-continued-attract-investors-1h21-local-aum-nears?utm_medium=Social&utm_source=fb&utm_campaign=alwayson&utm_term=17062021&utm_content=MU
JJ Hou OP : Truly no luck on sgx