Phillip HK Newly Listed Equities Index ETF (02835.HK) Rises 4.08% to HK$11.740
NewTimeSpace News, according to the latest data from the HKEX, as of 10:58 on May 26, the Phillip HK Newly Listed Equities Index ETF (02835.HK) gained 4.08% to trade at HK$11.740. The intraday high was HK$11.610 and the low was HK$11.610, with an average price of HK$11.743. The total AUM stands at approximately HK$77.028 million, with the latest Net Asset Value (NAV) per unit at HK$11.671, representing a discount of -3.35%.
The Phillip HK Newly Listed Equities Index ETF (02835.HK) tracks the Solactive Hong Kong Newly Listed Equities Index, a thematic benchmark focused on capturing the initial growth dividends of the Hong Kong IPO market. Its constituents are composed of high-quality newly listed companies that have recently debuted on the Hong Kong Stock Exchange and meet specific market capitalization and liquidity thresholds.
Through its periodic review and timely inclusion mechanism, the index dynamically reflects the financing activity of the HKEX IPO market and the primary growth potential of premium enterprises. It serves as a professional reference tool for investors to track the performance of Hong Kong new listings and allocate to high-growth "fresh blood" in the market.
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