Phillip Capital Launches Hong Kong IPO ETF

Share post:

The Hong Kong management company Phillip Capital has just announced the launch of their first ETF in the country. The fund is called, the Phillip HK Newly Listed Equities Index ETF (2835 HK) and looks to track some of Hong Kong’s most recently added equities. The strategy will target new initial public offerings (IPOs) that look to have high growth potential as well as companies that have already built a reputation in Mainland China but look to list in Hong Kong. A quote from the CEO of Phillip Capital states, “The Hong Kong market will continue to be a magnet for the listing of the next Tencent or Alibaba, Our ETF will offer exposure to the vibrant Hong Kong IPO market with myriad investment opportunities.”

ETF Newz Says:

The ETF is linked the the Solactive Hong Kong Newly Listed Equities Index which is made up of stocks that have launched in Hong Kong within the last three years.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...