$Hang Seng Index(800000.HK)$ recorded a 27% increase in November, the largest monthly increase since 1998. The trend continued into early December and was further reinforced by rounds of policy easing of restrictions last week.
As China's epidemic policy is further relaxed, Wall Street's calls to buy Chinese concept stocks are getting louder.
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There have also been innovative breakthroughs in deepening the opening of the domestic capital market to the outside world and making it easier for investors in the Singaporean market to participate in GEM index investments at a lower cost.
On October 21, Dahua Ping An GEM ETF under Singapore Dahua Asset Management $UOBAM PINGAN CHINEXT S(CXS.SG)$ Officially released, this is the first ETF product to track the domestic A-share index launched in the Singapore market after the Shenzhen Stock Exchange and the Singapore Stock Exchange signed an interconnection cooperation agreement. It lays the foundation for the next step in the implementation of Sino-Singapore ETF interconnection products, further strengthens the potential for capital market cooperation between China and Singapore, and promotes the long-term healthy development of the capital markets of the two countries. Dahua Ping An GEM ETF is expected to be listed on the Singapore Exchange in mid-November.
The Dahua Ping An GEM ETF issued this time will invest the funds raised in the Singapore market in the Ping An GEM ETF (code: 159964).
Ping An GEM ETF was established on March 15, 2019 to track the trend of Shenzhen's core index, the GEM Index. The GEM Index is the first broad-based index released in China to reflect the trend of growing domestic startups. It has strong technological attributes and an outstanding growth style. The index was released on June 1, 2010, and has been in operation for more than 12 years.
Judging from the composition of the index, the index focuses on emerging industries and high-tech enterprises in China. Among its top ten constituent stocks, strategic emerging industries account for 87%, and high-tech enterprises account for 90%...

$UOBAM PINGAN CHINEXT S(CXS.SG)$ IPO in SGX.
Sure boh? How about the next 10 years, any estimation of growth +?
Idk 🤷‍♂️,  but I've reservation to this IPO & so most likely won't be subscribing to this IPO...
Pro IPO chasers who usually made profits 📈 from IPO buy & sell, what's ur view on this? I'll like to know too .
With the moomoo promotion gained back voucher, do u guys think that it worth for the subscription ? I'm lazy to do the ...

Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index(.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...

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