The future of technology. Seize the opportunity.
Why you will love this
Capture the growth potential of the 30 largest TECH-themed companies listed on the Hong Kong Stock Exchange (HKEX)
An Excluded Investment Product (EIP) listed on SGX, available in SGD and USD
Low minimum investment amount, with trading board lot size of just 10 units
For Initial Offering Period only
S$0 commission from 23 November to 3 December 2020.
Minimum subscription of 5,000 units applies.
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Uncle8888 as Koala/Panda investor now seize this opportunity to participate in HK Tech ETF!
Some more, saved money on commission. LOL!
He has contacted his broker to place an order to subscribe for this IOP. No balloting is required!
Who still say that Panda/Koala investor in SG has no opportunity to participate in overseas market e.g. HK market? LOL!
Posts
Hi Uncle8888,
ReplyDeleteHey hey, welcome to the club of foreign stocks ownership! LOL!
Be prepared for some volatility especially in the next couple of months as Trump prepares Xmas presents as parting gifts for the Chinese & Biden.
The last "disturbance" was the hoo hah between Jack Ma & Xi Jinping. That one resulted in a -11% drop in 3 days (has now recovered 2/3 of the drop).
Things should hopefully be more boring going forwards .... china billionaires now all more kuai kuai LOL. And although Biden is unlikely to remove most of Trump tariffs or to be very friendly to China, at least he won't shoot surprise midnight policy tweets.
Ok! Holding tight for the expected tough roller coaster ride!
Delete1) Spur,
DeleteAnd I thought the momo trade for the month is the rotation out of growth(tech) into value play.
Buy those stocks hammered by Wuhan virus and sell those stocks that benefitted from the Wuhan virus ;)
2) CW,
Reading between the lines, your entry must be an ikan-bilis stay-tuned initial position.
Win, in percentage power!
Lose, in real money no real pain ;)
Now that's risk management!
Ha ha! Now old man from old economy also in Tech stocks and diversifying into overseas market. They can. I can! LOL!
DeleteBring more overseas ETFs to SGX market to feed local Panda/Koala investors who are too lazy to move to overseas market.
DeleteCW,
DeleteHave fun!
Looking to welcome you to local Panda/Koala HK Tech Stocks club. Let ride the Roller Coaster. Hold tight and don't vomit. LOL!
ReplyDeleteCW,
ReplyDeleteLOL!
Capitulation?
Better late than never!
Well, there goes the Singapore stocks have international exposure argument/denial...
Mental note to self:
When laggards join the party... Its time to...
Spur, shhh...
Panda/koala so slow . Sure kena makan alive. LoL!
DeleteEhh ... heroes tend to die early too! :P
DeleteDon't be surprised if deep value markets like STI outperform high fliers over the next 1 year as expectations of "return to normal" & mean reversion plays out.
E.g. STI has been outperforming China tech over the past 1 month. Oops! 😂
But over the longer term, China tech should do really well.
No worries, Uncle8888 now has legs in both boats. LOL!
If we have plenty of cash as war chest why still need margin financing for more?
Delete