Csop Saudi Arabia Etf (02830.HK) bounces off lows, up over 2% at midday.
Wind data show that at 11:29 a.m. on 7 January, Csop Saudi Arabia Etf (02830.HK) was up 2.13%; since its listing the fund is still –4.26%.
New Space-Time News: Wind data show that at 11:29 a.m. on 7 January, Csop Saudi Arabia Etf (02830.HK) was up 2.13%; since its listing the fund is still –4.26%.
According to HKEX data,Csop Saudi Arabia Etf (02830.HK) is an exchange-traded fund issued by CSOP and listed in Hong Kong. It tracks the FTSE Saudi Arabia Index, covering the 50 largest Saudi companies by market capitalisation, with core positions concentrated in energy, financials and telecoms. It is currently the only ETF in the mainland- and Hong Kong-markets that offers direct, broad exposure to the Saudi equity universe.
The index has about 40 constituents—Saudi Arabia’s biggest and most liquid names—with the top ten accounting for more than 70% of the weight; oil, financials and utilities together make up over 70% of sector exposure.
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- Saudi Arabia opens its capital market to all foreign investors! Csop Saudi Arabia Etf (02830.HK) fluctuated at a high level throughout the day, attracting much market attention.
- Csop Saudi Arabia Etf (02830.HK) rebounded after falling, rising more than 2%, packaging Saudi large and medium-sized listed companies in one click
