India's stock market rose more than 20% after benefiting from two Indian ETFs

Source: Internet
Author: User
India's general election results spurred a 17% per cent rise in Indian stocks yesterday, although the Indian concept or associated stakes in Hong Kong were few, but two per cent of exchange-traded funds that tracked India's shares rose more than 20%, according to the Hong Kong Ming Pao. I stock India (2836), close to 13.22 Yuan, a big rise of 2.36 yuan or 21%, sold 67.97 million yuan. Leading India (2810), also rose 22% or 16.25 yuan, closed to 90.5 yuan, sold 2.36 million yuan. Some members of the securities industry pointed out that only institutional investors were aware of the performance and investment opportunities of other markets in the past, but as more and more ETFs were listed in Hong Kong, some relatively professional retail investors began to invest in different regional ETFs according to international market and political trends.  There are now 31 ETFs listed in Hong Kong, in addition to the more familiar Hong Kong stocks, state-owned enterprises and mainland A-share ETFs, there are also ETFs that invest in different markets, including South Korea, Russia, Europe, the United States, Japan, Taiwan and emerging markets, and so on, which covers almost all the different cities in the world.  Hong Kong already has Taiwan ETF Trading, the Taiwan Stock Exchange also hopes to attract Hong Kong stocks ETF to the local issue, so that Taiwanese investors have the opportunity to buy and sell Hong Kong stocks directly, China, Hong Kong, Taiwan Exchange, will start to hold ETF seminar in the Local. The Shanghai Stock Exchange, which is also studying the introduction of ETF to local listing, has already signed a letter of intent with the HKEx and has sent staff to Hong Kong to meet with HKEx and HSI to understand the development of ETFs in Hong Kong SSE.

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