$NikkoAM-StraitsTrading MSCI China Electric Vehicles and Fut...
$NikkoAM-StraitsTrading MSCI China Electric Vehicles and Future Mobility ETF (EVS.SG)$ so we have to purchase 1000 lots? good investment?
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TeckLeong : EV is the future, that’s for sure. But the risk is there since it is all China companies with the current Sino-US situation.
graykang : I agree that need to be careful investing in it. seen all is china-based companies and us-listed china companies might face more delist in the near future.
Another issue is that currency is based on RMB if RMB drop in value it will affect the etf as will.
让子弹飞(SG) : Sounds interesting. Can buy a few shares for observation China market is huge and government support carbon reduction.
102553691 : I'm not going to buy a Chinese company. The government killed all the companies that day. No ETF was useful, so if I didn't invest, I'd rather buy the US, haha
102576279 OP : But minimum have to purchase 1000 right?
102576279 OP 102553691 : Just curious, won’t the china market itself be sufficient since it’s so big?
Spitfire : It has two to three good companies in there but still heavily risky for the other half of their portfolio. Buzzword is still EV and the hype is there. Don’t let your emotions guide you.
graykang : From China analytics, the china market on a downhill due to the current xi's direction. Try not to touch any investments that are directly or indirectly related to china companies.
These are just my thoughts. I might be wrong about too.
Jverse : It is indeed very risky, and the Chinese government will continue to promote new energy electric vehicles in the future. The biggest worry is that this etf contains some Chinese stocks, but you have to believe it.
Blessedme : Better dont take risks on China companies. Alibaba dropped so much. Who knows what rules can happened n then money get stuck?