HONG KONG–(Business WIRE)–Jul 20, 2021–
CSOP Asset Management Confined (“CSOP”) is proud to announce the listing of CSOP China Health care Disruption Index ETF (inventory ticker: 3174.HK) on the Hong Kong Inventory Trade (the “HKEX”). 3174.HK will observe the efficiency of the Solactive China Healthcare Disruption Index (the “Index”). With listing value at all-around HKD 7.8 for every unit, trading good deal of 100 shares and once-a-year management cost of .99%, CSOP China Health care Disruption Index ETF will get started to trade on 21 July, 2021. Upon inception, 3174.HK has acquired all over HKD 103 million initial investment.
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The healthcare sector contains a assorted array of industries, like biotechnology, Online-dependent medical expert services, drug discovery and manufacturing companies and quite a few other associated services. Given that Covid-19 hit the entire world by surprise, the healthcare sector has been given unprecedented attention. In 2018, global shelling out on wellbeing arrived at USD 8.3 trillion, or 10% of world wide gross domestic products (GDP). 1 It is envisioned to boost at an annual amount of 4.9% from 2018 to 2022, accomplishing USD 10.05 trillion in 2022. 2 At the moment, China has the second-major healthcare marketplace in the planet. In contrast to a 5-year compound yearly advancement amount (“CAGR”) of 4% in the United States, China’s healthcare market place has developed rapidly at a CAGR of 17%. 3 China’s health care market measurement is aimed to extend to about USD 2.4 trillion by 2030. 4 The onset of Covid-19 along with China’s ageing populace has even further introduced considerable expansion alternatives for the healthcare sector, significantly in sub-sectors like telemedicine and biotech. Closely featured in the 13th 5-12 months Strategy and the Healthful China 2030 system, World-wide-web-based mostly health care in China has managed a superior CAGR of in excess of 30%. 5 China’s governing administration investigate & enhancement (“R&D”) paying out on biotech topped USD 291 billion in 2019, though firms raised USD 16.5 billion throughout 90 fairness and credit card debt choices, symbolizing a 17% boost in volume and 13% enhance in worth from 2018. 6
In 2020, the healthcare sector in the Hong Kong stock marketplace confirmed potent progress momentum and gained significant current market desire with 23 recently mentioned healthcare organizations raising a full of HKD 98 billion. 7 To replicate the sturdy effectiveness of the rapidly-growing health care marketplace in Bigger China, the Solactive China Healthcare Disruption Index comprehensively invests in up to 35 most agent Hong Kong-stated businesses with organization operations in mainland China, Hong Kong, Taiwan and Macau. These businesses focus on different modern fields, ranging from biotechnology and health-related specialties to biopharmaceuticals, and healthcare tools to Web pharmacies and drug retail. Dependent on historic again-screening info, the Index achieves a return of 36.6% in excess of the prior 12 months. 8 Weighted by totally free-float industry capitalization of constituents, the Index ensures the inclusion of the most agent firms in Increased China’s healthcare business with a combined plan of quarterly rebalance and weekly IPO critique. As the stop of May possibly 2021, the full sector cap of the index is HKD 2.98 trillion. 9 Generally adopting a physical representative sampling system to replicate the index, 3174.HK permits globally buyers to grasp the financial commitment alternatives of health care business in an easy and transparent way.
The upcoming of human beings embrace a smarter, greener and healthier way of dwelling. As the pioneer ETF issuer in Hong Kong, CSOP has constantly been devoted to providing ETFs/ETPs that not only provide the requires of asset allocation, but also current the prospective clients of investments. 3174.HK is a single of the essential members of CSOP long run-defining thematic ETFs.
Melody He, Taking care of Director, Head of Business enterprise Growth and Products Method & Solutions, claims: “We are delighted to bring a different upcoming-themed ETF to our buyers. The start of 3174.HK enables buyers to grasp the investment decision chances by pursuing a much healthier existence much more effortlessly and transparently. Among the the collection of CSOP long term thematic ETFs, CSOP Hang Seng TECH Index ETF (3033.HK), CSOP Yinhua CSI 5G Communications Topic ETF (3193.HK) 10 and CSOP World-wide Cloud Computing Engineering Index ETF(3194.HK) are our answers to growing need for a additional smart way of life. CSOP Huatai-Pinebridge CSI Photovoltaic Industry ETF (3134.HK) 11 even more completes a important piece of puzzle for a greener daily life. Far more CSOP’s long run-themed ETFs will arrive to the sector, unfolding the upcoming of investments in front of buyers.”
About CSOP Asset Management Confined
CSOP Asset Management Confined (“CSOP”) was launched in 2008 as the very first offshore asset supervisor established up by a regulated asset management company in China. With a devoted concentration on China investing, CSOP manages public and private cash, as properly as giving financial investment advisory expert services to Asian and global buyers. In addition, CSOP is greatest regarded as an ETF leader in Asia. As of 31 March 2021, CSOP has additional than USD 10 billion in assets under administration.
This content has not been reviewed by the Securities and Futures Fee.
Issuer: CSOP Asset Management Restricted
You should refer to the providing paperwork for the index provider disclaimer.
Important: Investment entails hazards. Expense worth might rise or slide. Earlier effectiveness info introduced is not indicative of foreseeable future effectiveness. Buyers need to refer to the Prospectus and the Merchandise Vital Details Assertion for additional information, which include solution options and danger factors. Buyers need to not base on this content alone to make financial commitment selections.
CSOP China Health care Disruption Index ETF:
- CSOP China Healthcare Disruption Index ETF (the “Sub-Fund”) is not principal assured and your investments might suffer losses. There is no assurance that the Sub-Fund will attain its investment aim.
- Solactive China Healthcare Disruption Index (the “Index”) is a new index. The Sub-Fund could be riskier than other exchange traded money tracking much more proven indices with for a longer period working heritage
- The Index is topic to geographical concentration hazards as a result of monitoring the effectiveness of generally Hong Kong detailed businesses that have small business operations in the area of healthcare sector in mainland China, Hong Kong, Taiwan and Macau. The value of the Sub-Fund may well be extra susceptible to adverse financial, political, policy, foreign trade, liquidity, tax, legal or regulatory occasion impacting the Hong Kong sector and destinations where these organizations have business enterprise functions such as mainland China, Taiwan and Macau
- Challenges involved with FDIs include counterparty/credit score hazard, liquidity threat, valuation threat, volatility possibility and above-the-counter transaction risk. FDIs are susceptible to rate fluctuations and better volatility, and may possibly have significant bid and present spreads and no energetic secondary markets. The leverage ingredient/component of an FDI can outcome in a reduction substantially bigger than the volume invested in the FDI by the Sub-Fund. Publicity to FDIs may possibly guide to a substantial risk of sizeable reduction by the Sub-Fund
- The buying and selling selling price of the Shares on the SEHK is pushed by market place things these types of as the demand from customers and provide of the Shares. Hence, the Shares could trade at a sizeable top quality or lower price to the Sub-Fund’s NAV
Please be aware that the higher than listed investment challenges are not exhaustive and investors need to read the Prospectus and the Merchandise Important Points Statement in detail in advance of earning any financial commitment decision.
1 Resource: WHO, International Investing on Wellbeing: Weathering the Storm, 2020 2 Source: Deloitte, 2019 World-wide Health care Outlook: Shaping the Long term 3 Resource: WHO, 2018 4 Source: China’s Nationwide Health and Family members Arranging Commission (NHFPC) 5 Source: Frost & Sullivan, 36Kr Exploration, 2012-2026 China’s Net Medical Current market Scale and Forecast 6 Resource: Baker McKenzie, The Long run of Money Elevating in Biotech and Pharma 7 Source: HKEX, February 2021 8 Source: Solactive AG, 29 June 2021 9 Resource: Bloomberg 10 CSOP Yinhua CSI 5G Communications Concept ETF is a feeder fund. Its master fund, Yinhua CSI 5G Interaction ETF, is not licensed by the Securities and Futures Commission for direct featuring to the community in Hong Kong.
11 CSOP Huatai-PineBridge CSI Photovoltaic Marketplace ETF is a feeder fund. Its master fund, Huatai-PineBridge CSI Photovoltaic Market ETF, is not approved by the Securities and Futures Commission for immediate offering to the general public in Hong Kong.
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Call: CSOP Asset Management Minimal
Larry Wang / 3406 5613 /[email protected]
Tina Shu/ 3406 5675/[email protected]
Search term: HONG KONG CHINA SINGAPORE ASIA PACIFIC
Market Key word: Program MANAGED Treatment BANKING NETWORKS General Well being World-wide-web Professional Solutions PHARMACEUTICAL Engineering BIOTECHNOLOGY FINANCE Wellness
Source: CSOP Asset Management Limited
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PUB: 07/20/2021 02:30 AM/DISC: 07/20/2021 02:31 AM