Fund Management
What's New In Investments, Funds? - Samsung Asset Management
The latest in funds and investments across Asia-Pacific.
Samsung Asset Management
Samsung Asset
Management (Hong Kong), a wholly-owned subsidiary of Samsung
Asset Management, has launched a new exchange-traded fund.
The Samsung CSI China Dragon Internet ETF invests in the 30 largest Chinese internet companies.
The new ETF aims to correspond closely to the performance of the CSI Global China Internet Index, a benchmark for large-cap Chinese internet stocks.
Under the ticker 2812.HK, the ETF invests in the largest China internet companies that have been listed in mainland China, US and Hong Kong for more than 3 months or with an IPO size greater than $10 billion.
The fund will include China's big three internet giants Alibaba, Baidu and Tencent, and newly-listed stocks like China Literature and IQIYI.