China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF logo

China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF (159639)

Market Closed
11 Aug, 06:57
XSHE XSHE
¥
0. 98
-0.01
-1.1078%
¥
187.35M Market Cap
- Div Yield
3.56M Volume
¥ 0.99
Previous Close
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Day Range
0.98 0.99
Year Range
0.8 1.14
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Summary

159639 closed today lower at ¥0.98, a decrease of -1.1078% from yesterday's close, completing a monthly decrease of -3.0602% or -¥0.03. Over the past 12 months, 159639 stock lost -6.387%.
159639 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

159639 Chart

China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF (159639) FAQ

What is the stock price today?

The current price is ¥0.98.

On which exchange is it traded?

China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF is listed on XSHE.

What is its stock symbol?

The ticker symbol is 159639.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 187.35M.

Has China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF ever had a stock split?

No, there has never been a stock split.

China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF Profile

XSHE Exchange
China Country

Overview

The China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF represents a strategic financial instrument designed to bridge international investors with the burgeoning market of Chinese state-owned enterprises. This ETF differentiates itself by targeting Red Chip companies, a unique classification for entities that, although incorporated outside of mainland China, are under the control of Chinese state or government bodies. It focuses on medium to long-term investment horizons, aligning investor capital with China's key economic sectors such as finance, energy, and manufacturing. By providing a conduit for international capital into state-led projects and economic plans, this ETF not only underscores China's ambition to blend its domestic markets with global financial systems but also plays a vital role in funding the nation's industrial and development goals.

Products and Services

The China Southern CSI State-owned Enterprise Red Chip CI Medium & Long-term National ETF offers a comprehensive suite of investment opportunities that are critical to understanding its role and operations within the global and Chinese financial markets.

  • Exposure to Chinese State-owned Enterprises: This product provides investors with a unique opportunity to invest in Red Chip companies. These firms, while incorporated abroad, are under the control of the Chinese government or state-owned enterprises, exposing investors to sectors directly influenced by China's state-led economic strategies.
  • Medium & Long-term Investment Focus: The ETF is geared towards medium to long-term investments. This approach is designed to tap into the growth potential of China’s strategic sectors, such as finance, energy, and manufacturing, which are pivotal to the country's long-term economic development plans.
  • Facilitation of Sino-Global Capital Exchange: By investing in this ETF, international investors gain a channel through which they can allocate capital to Chinese national projects and state-driven economic plans. This facilitates a symbiotic relationship between global capital markets and China’s ambitious developments, promoting a deeper integration of China into the world economy.
  • Support for China's Economic Development Goals: The ETF supports China's broader financial ecosystem by directing investments into industries that are key to the nation's development objectives. This strategic capital allocation not only aids in the growth of these critical sectors but also aligns investor interests with the economic priorities of the Chinese government.

Contact Information

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