News for Tracker Fund of Hong Kong (2800.HK)

Assets Under Management Quadruple Since Inception with Footprint Expanded to the mainland, Thailand and the Middle East

HONG KONG, Oct. 31, 2024 /PRNewswire/ -- Hang Seng Investment Management Limited ('Hang Seng Investment'), Hong Kong's largest exchange-traded fund ('ETF') manager, is pleased to celebrate the launch of SAB Invest Hang Seng Hong Kong ETF by its partner SAB Invest, a subsidiary of The Saudi Awwal Bank in Saudi Arabia. This new feeder ETF, which fully invests into the Tracker Fund of Hong Kong ('TraHK' - Stock Code: 2800.HK), made its trading debut on the Saudi Exchange (Tadawul) today (31 October 2024).

Two exchange-traded funds (ETFs) focused on Hong Kong stocks are set to debut on the Saudi Stock Exchange, with one fund surpassing an initial size of $1.2 bill

The central bank has called time on its ETF buying but has yet to to say what it will do with its massive investments

DR “HK13” is based on the Tracker Fund of Hong Kong (2800.HK), which is an ETF based on the Hang Seng Index that invests in stocks of large and highly liquid companies on the Hong Kong Stock Exchange.

The Stock Exchange of Thailand (SET) is set to list four new depositary receipts (DRs) issued by Bualuang Securities pcl on November 16.

But many smaller rivals focused on China and the tech sector suffered a terrible year as investors fled

Group’s Fund Connect platform also has green light to go live in Australia

The Asia division of State Street Global Advisors is being forced out from managing Hong Kong’s largest ETF, the HK$112 billion ($14.3bn) Tracker Fund of Hong Kong.

State Street Global Advisors has been officially replaced as the manager of the Tracker Fund of Hong Kong after overseeing the storied exchange-traded fund for more than 22 years.