In partnership with: Hang Seng Investment
The exchange-traded fund, which consists of a basket of stocks that mirrors the Hang Seng Index’s performance, plans to attract more overseas investors.
Rosita Lee, CEO of Hang Seng Investment, George Hongchoy, chairman of the supervisory committee of TraHK, Julia Leung, chief executive of Hong Kong’s Securities and Futures Commission, and Bonnie Chan, chief executive of Hong Kong Exchanges and Clearing, discuss the past, present and future of the city’s fund as it marks its 25th anniversary.
#Ad #HangSengInvestment #TraHK #25Anniversary #ETF #scmp #Presented
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Tracker fund did well to track the index but the index didn’t do much to help investors grow their money.
Is this a ponzi scheme?
Tracker fund was setup by State Street. It has nothing to do with these individuals "market leaders". The management of the fund switched to Hang Seng which is nobody in the global asset management league with only $25B versus SSgA $4T! This does not help HK which wanted to be a major global financial center. 2800 was a success when it was created but in today's global financial markets innovation and scale. I don't see HK and these leaders able to make much impact in increasing market share.
Hang Seng Investment has also created an ETF that tracks the S&P 500 (Stock code 3195). Well done!
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Have they also found the (mafia) debt collection funds used by Singapore to launder money laundered from bank-users nominees, and returned to Europe through blackmail?🤔
What a "minchia" do?🤭🤭