DR on Hang Seng China Enterprises Index ETF (2828) | 24.30 *
DR on Hang Seng China Enterprises Index ETF (2828) | 24.30 *
* Foreign stock markets of the underlying securities are closed.
The iNAV price of Depositary Receipt (DR), which has ETF as the underlying securities, is an estimated price reflecting the value of the DR. The calculation of iNAV is derived from the latest value of the underlying securities announced by the ETF issuer (which could be displayed later than the actual data around 15 minutes in some countries).
In practical, the market makers may not be able to place bid/ask price at the iNAV level due to the difference between the bid/ask spread of the underlying securities and iNAV calculated as abovementioned, the limited liquidity for trading or the occurrence of relevant transaction costs.
In addition, the iNAV and the bid/ask spread calculation by the market makers comply with the same principle as other ETFs listed on the Stock Exchange of Thailand.
1) iNAV is not the bid/ask price of DR, but it is an indicative net asset value (NAV) per unit during the day, which is calculated from the exchange rate between Thai Baht and trading foreign currency of the ETFs listed in foreign securities exchanges.
2) Bualuang Securities Public Company Limited (“Bualuang Securities”) does not guarantee that the bid/ask price of DR will align with iNAV. Such incident may arise when the numbers of DR held by Bualuang Securities are insufficient to provide liquidity or when the foreign securities exchange is closed or any other circumstances.
iNAV (HKD) | Exchange Rate HKD/THB (THB) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
3.95 | 4 | 4.05 | 4.1 | 4.15 | 4.2 | 4.25 | 4.3 | 4.35 | 4.4 | 4.45 | |
85.5 | 22.51500 | 22.80000 | 23.08500 | 23.37000 | 23.65500 | 23.94000 | 24.22500 | 24.51000 | 24.79500 | 25.08000 | 25.36500 |
85.6 | 22.54100 | 22.82700 | 23.11200 | 23.39700 | 23.68300 | 23.96800 | 24.25300 | 24.53900 | 24.82400 | 25.10900 | 25.39500 |
85.7 | 22.56800 | 22.85300 | 23.13900 | 23.42500 | 23.71000 | 23.99600 | 24.28200 | 24.56700 | 24.85300 | 25.13900 | 25.42400 |
85.8 | 22.59400 | 22.88000 | 23.16600 | 23.45200 | 23.73800 | 24.02400 | 24.31000 | 24.59600 | 24.88200 | 25.16800 | 25.45400 |
85.9 | 22.62000 | 22.90700 | 23.19300 | 23.47900 | 23.76600 | 24.05200 | 24.33800 | 24.62500 | 24.91100 | 25.19700 | 25.48400 |
86 | 22.64700 | 22.93300 | 23.22000 | 23.50700 | 23.79300 | 24.08000 | 24.36700 | 24.65300 | 24.94000 | 25.22700 | 25.51300 |
86.1 | 22.67300 | 22.96000 | 23.24700 | 23.53400 | 23.82100 | 24.10800 | 24.39500 | 24.68200 | 24.96900 | 25.25600 | 25.54300 |
86.2 | 22.69900 | 22.98700 | 23.27400 | 23.56100 | 23.84900 | 24.13600 | 24.42300 | 24.71100 | 24.99800 | 25.28500 | 25.57300 |
86.3 | 22.72600 | 23.01300 | 23.30100 | 23.58900 | 23.87600 | 24.16400 | 24.45200 | 24.73900 | 25.02700 | 25.31500 | 25.60200 |
86.4 | 22.75200 | 23.04000 | 23.32800 | 23.61600 | 23.90400 | 24.19200 | 24.48000 | 24.76800 | 25.05600 | 25.34400 | 25.63200 |
86.5 | 22.77800 | 23.06700 | 23.35500 | 23.64300 | 23.93200 | 24.22000 | 24.50800 | 24.79700 | 25.08500 | 25.37300 | 25.66200 |
86.6 | 22.80500 | 23.09300 | 23.38200 | 23.67100 | 23.95900 | 24.24800 | 24.53700 | 24.82500 | 25.11400 | 25.40300 | 25.69100 |
86.7 | 22.83100 | 23.12000 | 23.40900 | 23.69800 | 23.98700 | 24.27600 | 24.56500 | 24.85400 | 25.14300 | 25.43200 | 25.72100 |
86.8 | 22.85700 | 23.14700 | 23.43600 | 23.72500 | 24.01500 | 24.30400 | 24.59300 | 24.88300 | 25.17200 | 25.46100 | 25.75100 |
86.9 | 22.88400 | 23.17300 | 23.46300 | 23.75300 | 24.04200 | 24.33200 | 24.62200 | 24.91100 | 25.20100 | 25.49100 | 25.78000 |
87 | 22.91000 | 23.20000 | 23.49000 | 23.78000 | 24.07000 | 24.36000 | 24.65000 | 24.94000 | 25.23000 | 25.52000 | 25.81000 |
87.1 | 22.93600 | 23.22700 | 23.51700 | 23.80700 | 24.09800 | 24.38800 | 24.67800 | 24.96900 | 25.25900 | 25.54900 | 25.84000 |
87.2 | 22.96300 | 23.25300 | 23.54400 | 23.83500 | 24.12500 | 24.41600 | 24.70700 | 24.99700 | 25.28800 | 25.57900 | 25.86900 |
87.3 | 22.98900 | 23.28000 | 23.57100 | 23.86200 | 24.15300 | 24.44400 | 24.73500 | 25.02600 | 25.31700 | 25.60800 | 25.89900 |
87.4 | 23.01500 | 23.30700 | 23.59800 | 23.88900 | 24.18100 | 24.47200 | 24.76300 | 25.05500 | 25.34600 | 25.63700 | 25.92900 |
87.5 | 23.04200 | 23.33300 | 23.62500 | 23.91700 | 24.20800 | 24.50000 | 24.79200 | 25.08300 | 25.37500 | 25.66700 | 25.95800 |
87.6 | 23.06800 | 23.36000 | 23.65200 | 23.94400 | 24.23600 | 24.52800 | 24.82000 | 25.11200 | 25.40400 | 25.69600 | 25.98800 |
87.7 | 23.09400 | 23.38700 | 23.67900 | 23.97100 | 24.26400 | 24.55600 | 24.84800 | 25.14100 | 25.43300 | 25.72500 | 26.01800 |
87.8 | 23.12100 | 23.41300 | 23.70600 | 23.99900 | 24.29100 | 24.58400 | 24.87700 | 25.16900 | 25.46200 | 25.75500 | 26.04700 |
87.9 | 23.14700 | 23.44000 | 23.73300 | 24.02600 | 24.31900 | 24.61200 | 24.90500 | 25.19800 | 25.49100 | 25.78400 | 26.07700 |
88 | 23.17300 | 23.46700 | 23.76000 | 24.05300 | 24.34700 | 24.64000 | 24.93300 | 25.22700 | 25.52000 | 25.81300 | 26.10700 |
88.1 | 23.20000 | 23.49300 | 23.78700 | 24.08100 | 24.37400 | 24.66800 | 24.96200 | 25.25500 | 25.54900 | 25.84300 | 26.13600 |
88.2 | 23.22600 | 23.52000 | 23.81400 | 24.10800 | 24.40200 | 24.69600 | 24.99000 | 25.28400 | 25.57800 | 25.87200 | 26.16600 |
88.3 | 23.25200 | 23.54700 | 23.84100 | 24.13500 | 24.43000 | 24.72400 | 25.01800 | 25.31300 | 25.60700 | 25.90100 | 26.19600 |
88.4 | 23.27900 | 23.57300 | 23.86800 | 24.16300 | 24.45700 | 24.75200 | 25.04700 | 25.34100 | 25.63600 | 25.93100 | 26.22500 |
88.5 | 23.30500 | 23.60000 | 23.89500 | 24.19000 | 24.48500 | 24.78000 | 25.07500 | 25.37000 | 25.66500 | 25.96000 | 26.25500 |
HKCE01 is depositary receipt (DR) with underlying asset that is Hang Seng China Enterprises Index ETF, an ETF listed on Hong Kong stock exchange with the symbol 2828. This ETF tracks the Hang Seng China Enterprises Index, one of the flagship indices in Hong Kong, comprising the Hang Seng, Hang Seng China Enterprises, and Hang Seng TECH.
The price of HKCE01 tends to move along with the price of 2828 ETF in the long term. The suitable time for investing in HKCE01 is when both Thai and Hong Kong stock exchanges are open, which is from 10:00 a.m. - 11:00 a.m. and 12:00 p.m. - 3:00 p.m. Thailand time.
The Hang Seng China Enterprises Index ETF is the second largest and most liquid ETF in the Hong Kong stock exchange (after the Tracker Fund of Hong Kong, which is the underlying asset of DR HK01). It is managed by Hang Seng Investment Management, the top asset management firm in Hong Kong in terms of assets under management.
Compared to the Hang Seng Index, the Hang Seng China Enterprises has a stronger focus on Chinese companies listed on the Hong Kong stock exchange and consists of 50 constituents, including leading companies like Tencent (0700), Alibaba (9988), and China Mobile (0941).
Since its establishment in 1994, the Hang Seng China Enterprises Index has shifted its focus from predominantly old economy stocks in sectors like finance and energy to encompass almost half of new economy stocks, including technology and healthcare. This represents an interesting development for the index. Additionally, the index has implemented a "Fast Entry" mechanism to quickly include large-cap stocks that have recently gone public in the Hong Kong stock market, allowing investors to capture new investment opportunities promptly.