Chinese stock exchanges add Alibaba into Stock Connect Scheme
【For Hong Kong Investors Only】 On 10 September 2024, Shanghai and Shenzhen exchanges announced that Alibaba’s share will be included in Stock Connect cross-border investment scheme, effective 10 September 2024. After the inclusion, eligible mainland investors can directly trade Alibaba’s share, leading to potential incremental fund flow for the stock. $阿里巴巴-W(09988)$ is the top 2 holding in Global X MSCI China ETF $GX中国(03040)$ and Global X Hang Seng TECH ETF $GX恒生科技(02837)$ . Source: Company data, Shanghai Stock Exchanges, 10 September 2024 Learn more about Global X Hang Seng TECH ETF (2837) and the risk factors: https://www.globalxetfs.com.hk/funds/hang-seng-t
Meituan 2Q Earnings Beat, Competitive Landscape Further Improved
[For Hong Kong Investors Only] $美团-W(03690)$ Meituan reported 2Q24 results on 28 August. 2Q Revenue of RMB 82.3bn was +21% YoY, and Adj. net profit of RMB 13.6bn was +78% YoY, substantially higher than market expectation*. Company commented on further improved industry competitive landscape and continued narrowing of new initiatives losses. Meituan announced a new US$1bn share repurchase program. Meituan is the top 5 holding in Global X MSCI China ETF $GX中国(03040)$ and Global X Hang Seng TECH ETF $GX恒生科技(02837)$ . *Source: Company data, 28 August 2024 Learn more about Global X Hang Seng TECH ETF (2837) and the risk factors: https://www.globalxetfs.com.hk/funds/h
[For Hong Kong Investor Only] As the largest holding in the Global X MSCI China ETF (3040 HK) and second largest in the Global X Hang Seng Tech ETF (2837 HK), Tencent's strength across online games and advertising verticals, along with accelerated share buybacks, underscore its influential position in China's digital ecosystem. In their latest 2Q24 results, the tech giant reported 8% revenue growth to Rmb161Bn and a 53% surge in adjusted net profit to Rmb57Bn, outpacing estimates. #Tencent #ChinaTech #ETF #Investing Learn more about Global X Hang Seng TECH ETF (2837) $GX恒生科技(02837)$ and the risk factors: https://www.globalxetfs.com.hk/campaign/hang-seng-tech-etf/ Learn more about Global X MSCI China ETF (3040) $G
Global X MSCI China ETF (3040) Included in the Stock Connect Scheme
[For Hong Kong Investors Only] We are pleased to announce that the Global X MSCI China ETF (3040) has been included in the Stock Connect Scheme, effective on 22 July, 2024. As of July 15, 2024, the AUM of the Global X MSCI China ETF (3040) stood at HKD 7.94 billion (Source: HKEX, July 15, 2024). The inclusion of the Global X MSCI China ETF (3040) means that this ETF listed in Hong Kong can now be traded by investors in mainland China. This latest inclusion marks the 3rd ETF from Mirae Asset’s Global X ETF lineup to be eligible for the Stock Connect Scheme, following the previous additions of the Global X Hang Seng High Dividend Yield ETF (3110) in May 2024 and the Global X Hang Seng Tech ETF (2837) in November 2023. Learn more about Global X MSCI China ETF（3040）
【Global Xpress】Why do Hang Seng TECH Index remarkably rebound in 2024?
[For Hong Kong Investors Only] Hang Seng TECH Index represents the 30 largest technology companies listed in Hong Kong with high business exposure to technology themes and pass the index's screening criteria. Global X ETFs Hong Kong invited ETF Specialist Nam, Yeejee Ruby and Celia Qiu, Investment Analyst to discuss the following topics: 00:40 - Reasons for the remarkable rise in the Hang Seng TECH Index 01:54 - Highlights of the Hang Seng TECH Index 02:51 - New mechanism enhancing returns for Chinese shareholders 03:45 - Are internet sector stocks usually growth stocks or value stocks? Learn more about Global X Hang Seng TECH ETF (2837) $GX恒生科技(02837)$ and the risk factors: https://www.globalxetfs.com.hk/campaign/hang-seng-tech-etf/ Lea