When you have little more than a basic understanding and minimal experience, one option for investing in the stock market is to use passive management funds, which are typically characterized by higher diversification, lower risk and reduced commissions. Even the most inexperienced investors should’ve read that opening sentence and thought, “This must be about ETFs.”…
Global X ETFs has launched the Global X China Core TECH ETF (3448) on the Hong Kong Stock Exchange, offering investors access to China’s high-tech leaders. The ETF tracks the Mirae Asset China Tech Top 30 Index, which is designed to track mainland China and Hong Kong SAR’s leading technology companies by market capitalisation across next-generation technology sectors. These…
Hong Kong’s push to attract overseas investment is showing positive results, the finance minister has said, citing the rise of the city’s stock exchange to the top of the global table for initial public offerings (IPOs) in the first half of the year and the market’s strong performance. Financial Secretary Paul Chan Mo-po said on…
Hong Kong’s push to attract overseas investment is showing positive results, the finance minister has said, citing the rise of the city’s stock exchange to the top of the global table for initial public offerings (IPOs) in the first half of the year and the market’s strong performance. Financial Secretary Paul Chan Mo-po said on…
Hong Kong’s exchange-traded fund (ETF) market is logging a record year thanks to the recent market rally, expanded inclusion in the cross-border Stock Connect programme and a series of new products, including Asia’s first pegged to virtual assets. Net fund flows of Hong Kong’s exchange-traded product (ETP) market, which includes ETFs and leveraged and inverse…
U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares. S&P 500: 5,851.20 ⬇️ down 0.0047% Nasdaq Composite: 18,573.13 ⬆️ up 0.18% Dow Jones Industrial Average: 42,924.89 ⬇️ down 0.016% STOXX Europe 600: 520.40 ⬇️ down 0.21% CSI 300: 3,957.78 ⬆️…
U.S. stocks closed mixed on Monday, as Wall Street’s extended rally took a breather ahead of a pivotal week for earnings reports. The S&P 500 slipped by 0.18%, while the Dow Jones Industrial Average fell over 300 points. The tech-heavy Nasdaq Composite managed a 0.27% gain, supported by Nvidia’s record-breaking performance. S&P 500: 5,853.98 ⬇️…
China’s mainland shares posted modest gains as a central bank lending rate cut boosted real estate stocks, but investors awaited more details on government stimulus. S&P 500 Futures: 5,903.50 ⬇️ down 0.04% S&P 500: 5,864.67 ⬆️ up 0.40% Nasdaq Composite: 18,489.55 ⬆️ up 0.63% Dow Jones Industrial Average: 43,275.91 ⬆️ up 0.09% FTSE 100: 8,386.32…
Wall Street hovered around its records, but closed virtually unmoved from Tuesday. Meanwhile, China’s shares fell on an underwhelming housing stimulus briefing, and Japan’s shares took a hit on weak export data. But Taiwan chip giant TSMC is still soaring, and Nvidia and others continued big gains. S&P 500 Futures: 5,887.25 ⬆️ up 0.0042% S&P…
China’s shares suffered from an underwhelming housing stimulus briefing, and weak export data hit Japan’s shares. But Taiwan chip giant TSMC is soaring. S&P 500 Futures: 5,909.50 ⬆️ up 0.38% S&P 500: 5,842.47 ⬆️ up 0.47% Nasdaq Composite: 18,367.08 ⬆️ up 0.28% Dow Jones Industrial Average: 43,077.70 ⬆️ up 0.79% STOXX Europe 600: 522.32 ⬆️…