Discovering The Power Of Hong Kong Stocks
By Hooi Mun Keong, Digital Educator
Hong Kong Exchange & Why It Should Be on Your Radar.
Hong Kong is known for many things. From bustling skyscrapers to famous superstars like Bruce Lee and Jackie Chan.
One of its most significant contributions to the world has been the establishing of the Hong Kong Exchange (HKEX). For decades, the Exchange has provided investors with access to a diverse range of companies, including some of the most innovative and successful ones in the world.
Did you know that the HKEX is one of the largest and most well-capitalized market operators in the world?
The HKEX is a well-regulated and transparent market, making it a safe and attractive place to invest. And with some of the most powerful and influential companies in the world listed on the exchange, the potential for financial success is virtually limitless.
Tencent Holdings Ltd | TENCENT (700) | Price: HKD 343.60 (as of 28 February 2023)
One of the largest and most successful tech companies in the world, Tencent has a market capitalization of over USD800 billion. Tencent is a true behemoth in the industry, and its products and services are used by millions of people around the world. From gaming to social media, from cloud services to financial technology, this is one company that many try and include into their portfolio.
AIA Group Ltd | AIA (1299) | Price: HKD 83.25 (as of 28 February 2023)
I’m sure you’re familiar with AIA Group? They’ve currently a strong presence in over 18 markets across Asia Pacific, a true regional powerhouse.
Alibaba Group Holdings Ltd | BABA-SW (9988) | Price: HKD 85.50 (as of 28 February 2023)
Investing in Alibaba is not just about being part of a successful company, but also about being part of a revolution. As more and more people turn to online shopping, Alibaba has been at the forefront of the e-commerce industry, constantly pushing boundaries and breaking new ground – via use of artificial intelligence and big data analytics. If you like Jack Ma and his vision, then Alibaba is a must have stock to BUY.
Exchange Traded Funds (ETFs)
Like on Bursa and U.S. markets, ETFs are also highly recommended for those building their HK investment portfolio. HKEX listed ETFs include:
- iShares Hang Seng TECH (3067)
- Hang Seng TECH Index (7200)
- ChinaAMC Hang Seng TECH (3088)
- Global X Hang Seng High Dividend Yield (3110 )
- Global X China Electric Vehicle HKD (2845)
- CSOP China Healthcare Disruption (3174)
The potential for growth in the Chinese technology sector is a significant one. As China continues to invest heavily in emerging technologies like artificial intelligence and 5G, companies like Tencent, Alibaba, and Baidu are well positioned to lead the way and capitalize on this trend. By investing in a China ETF on the HKEX, investors can benefit from the growth potential of these companies in one single basket.
Check out the list of HK tradeable shares here 👉🏻 List of Tradeable HK Shares & ETF
If you didn’t already know - We launched our 2nd foreign market trading, the Hong Kong (HK) market.
