BLACKROCK ASSET MGMT NORTH ASIA LTD ISHARES HANG SENG TECH HKD ETF

IShares Hang Seng Tech ETF

By dchua1969

Updated

The reason I like this ETF is the exposure to the HK Tech sectors , some companies I like but may not like enough to initiate a position in them. It's share price has been hovering at the 5.77 to the 8 dollar mark , a little boring and definitely in no time to accumulate.

Refer to the list of Holdings

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added more

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Today is a no trading day for the HK market . We are now at the resistance level of 8.75 , the disappointed results of Alibaba may cause this ETF to retreat which to me is a good accumulation point.

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added more yesterday

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for those who are still sitting on the fence , you may want to reevaluate this ETF. A good representation of the tech stocks in China listed in HK and I am pretty sure this will be the first sector to recover followed by the consumer staples as the new stimulus continues to roll out .....

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scmp.com/opinion/china-opinion/article/3264823/until-china-changes-its-growth-model-dont-expect-any-revenge-spending?module=opinion&pgtype=homepage

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scmp.com/business/banking-finance/article/3265230/hong-kong-insurance-sales-investment-activity-and-card-spending-rise-against-market-rally-backdrop?module=homepage_gba&pgtype=homepage

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scmp.com/economy/china-economy/article/3266520/ceos-cautiously-optimistic-about-chinas-economy-amid-new-competitive-reality?module=top_story&pgtype=homepage

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7.285 fairly strong support

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I am loving it

dchua1969

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