Hang Seng China Enterprises Index ETF (02828.HK) Drops 0.46% to HK$90.980

NewTimeSpace News, as of 13:20 on May 8, the Hang Seng China Enterprises Index ETF (02828.HK) fell 0.46% to a latest price of HK$90.980. The fund’s Assets Under Management (AUM) is approximately HK$30.373 billion.

NewTimeSpace News, according to the latest data from the HKEX, as of 13:20onMay 8, the Hang Seng China Enterprises Index ETF (02828.HK)declinedby0.46% to trade at HK$90.980. The intraday high was HK$91.100 and the low was HK$90.600, with an average price of HK$90.788. The total AUM stands at approximately HK$30.373billion, with the latest Net Asset Value (NAV) per unit at HK$91.479, representing a premium of-0.09%.

The Hang Seng China Enterprises Index ETF (02828.HK) tracks the Hang Seng China Enterprises Index (HSCEI), the flagship benchmark measuring the overall performance of Mainland Chinese enterprises listed in Hong Kong. The index is composed of the 50 largest and most liquid "H-shares," "Red-chips," and "P-chips" (private enterprises).

The HSCEI not only reflects the performance of China’s industry leaders in overseas capital markets but also—due to its deep coverage of pillars of the national economy such as Finance, Internet, and Real Estate—serves as one of the most core indicators for global institutional investors to monitor Chinese economic trends and conduct cross-border asset allocation and risk management (such as H-shares index futures trading).

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