If you do not know which Hong Kong Tech Stock to choose, you may consider this ETF which is listed in SGX trading in SGD currency:
The Hang Seng TECH Index (“HSTECH”) represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes (Cloud, Digital, E-commerce, Fintech or internet) and are considered innovative by operating a technology-enabled business, with strong R&D investment and/or high revenue growth. The Index is free float and market capitalization weighted with a 8% cap on individual constituent weighting.
The investment objective of the ETF is to replicate as closely as possible, before expenses, the performance of the Hang Seng TECH Index using a direct investment policy of investing in all, or substantially all, of the underlying Index Securities.
The Index is compiled and calculated by Hang Seng Indexes Company Limited and is designed to represent the 30 largest technology companies listed in Hong Kong which have high business exposure to technology themes.
30 STOCKS, EACH CAPPED AT 8%:
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