Check the holdings
$NikkoAM-StraitsTrading MSCI China Electric Vehicles and Future Mobility ETF(EVS.SG$
Keep holding guys. There’ll be another 10% - 15% dip as the etf is closely related to 创业板. I didn’t expected it to hold so much stock in China as it was clear the drawback isn’t finished. EV in US market is almost at the rock bottom and tech with autonomous driving is still promising.
Keep holding guys. There’ll be another 10% - 15% dip as the etf is closely related to 创业板. I didn’t expected it to hold so much stock in China as it was clear the drawback isn’t finished. EV in US market is almost at the rock bottom and tech with autonomous driving is still promising.
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graykang : No doubt, EV is an upcoming market but is more like investors have no confidence in the china market in general now.
Plus, this ETF is also tap to china currency RMB.
TeckLeong : Really disappointing
稳投小黑OP TeckLeong: Lesson learnt
Read the prospectus carefully
Jverse : It is mainly dragged down by several Chinese stocks.
China's new energy vehicles are still worth holding.
稳投小黑OP Jverse: Several gem accounts for nearly half.
Biggy168 graykang: In my earlier msg, new ipo in Sin steam is gone, was tempted to buy when moomoo make the offer, but after the UOB green stk, the high was S$1.04, regretted didn't take profit, now its below its ipo. Hence even EV looks good, don't buy now, let the dust settle, then look for entry n hold for sometime b4 u will see Yr $ work for u
稳投小黑OP Biggy168: I wish I could see this message before the bid