HONG KONG, Nov. 20, 2023 /PRNewswire/ -- Mirae Asset Global Investments (Hong Kong) Limited (the "Company" or "Mirae Asset") announced the launch of Global X China Little Giant ETF (2815) today, providing investors with a diversified and efficient investment opportunity in innovative small and medium-sized enterprises (SMEs) with high growth potential benefiting from China's policy dividends.
The Global X China Little Giants ETF (2815) tracks the Solactive China Little Giants Index, investing in securities of 50 nationally recognized "little giant" enterprises selected by the Chinese government. As China's economy transitions from high-GDP growth to high-quality development, accelerating technological innovation has become a crucial initiative for achieving structural transformation and industrial upgrading. These "little giant" enterprises focus on niche markets, possess strong innovation capabilities, and demonstrate growth potential, aligning with the current needs of China's economy and the development trends of the era, thereby offering vast growth opportunities.
The Global X China Little Giant ETF (2815) invests a group of potential enterprises that possess core specialized technologies and higher investment returns, allowing investors to conveniently and cost-effectively participate in China's rapid growth in strategic sectors such as semiconductors, advanced manufacturing, pharmaceuticals, new energy, etc., enabling them to effortlessly ride the wave of the times.
Mr. Wanyoun CHO, Chief Executive Officer of Mirae Asset Global Investments (Hong Kong) Limited, stated, "We are pleased to launch the Global X China Little Giant ETF (2815), providing investors with a simple and efficient way to invest in China's rapidly growing technology industry. By introducing this ETF into our thematic product lineup, Mirae Asset continues to offer our clients investment products with growth potential. With the transformation of China's overall economic structure and the continued development and upgrading in high-tech fields, we believe that the development of the innovative technology sector will be long-term and sustainable."
The Global X China Little Giant ETF (2815) has a maximum total expense ratio of 0.68% for the first 12 months, applicable to both retail and institutional investors, and can be traded during normal trading hours on the Hong Kong Stock Exchange."
About Mirae Asset Global Investments Group
Mirae Asset Global Investments Group (the "Group") is an asset management organization with over US$212 billion in assets under management as of September 30, 2023. The organization provides a diverse range of investment products, including mutual funds, exchange-traded funds ("ETFs"), and alternatives. Operating out of 22 offices worldwide, the Group has a global team of more than 1,000 employees, including more than 285 investment professionals. [Source: Mirae Asset, September, 2023.]
The Group's global ETF platform features a lineup of 550 ETFs that offer investors high-quality and cost-efficient exposure to newly emerging investment themes and disruptive technologies in the global markets. As of September 2023, the Group's ETFs had combined assets under management of US$98 billion and are listed in Australia, Canada, Colombia, Hong Kong, India, Japan, Korea, Vietnam, the United Kingdom, and the United States. [Source: Mirae Asset, September, 2023.]
About Global X ETFs
Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features over 245 ETF strategies and over US$47 billion in assets under management. [Source: Mirae Asset, September, 2023.] While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. Global X is a member of Mirae Asset Financial Group, a global leader in financial services, has a presence in 18 global markets, and the Group's managed assets worldwide exceed US$565bn in total AUM. [Source: Mirae Asset, June, 2023.]
Mirae Asset Global Investments (Hong Kong): https://www.am.miraeasset.com.hk/
Global X ETFs Hong Kong: https://www.globalxetfs.com.hk/
Important Information
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