iShares FTSE China A50 ETF (02823.HK) Rises 0.62%,assets under management of approximately HKD 16.228 billion
Newtimespace News: As of 15:51 on May 13, iShares FTSE China A50 ETF (02823.HK) stood at HKD 17.860, up 0.62%. The ETF opened at HKD 17.700, with the latest net asset value (NAV) at HKD 17.720, a premium of 0.17%, a turnover of approximately HKD 26.2647 million, and assets under management of approximately HKD 16.228 billion.
iShares FTSE China A50 ETF (02823.HK) closely tracks the FTSE China A50 Index. Comprising 50 of the largest A-shares by market capitalization from the Shanghai and Shenzhen stock exchanges, the index serves as a key benchmark for offshore investors allocating to core assets in the China A-share market, covering leading companies in finance, consumer goods, healthcare, technology and other sectors.
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