Phillip China Stock Indices Traditional Chinese Medicine ETF logo

Phillip China Stock Indices Traditional Chinese Medicine ETF (159647)

Market Closed
11 Aug, 06:57
XSHE XSHE
¥
0. 93
-0
-0.3222%
¥
146.98M Market Cap
- Div Yield
77.09M Volume
¥ 0.93
Previous Close
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Day Range
0.93 0.95
Year Range
0.79 1.08
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Summary

159647 closed today lower at ¥0.93, a decrease of -0.3222% from yesterday's close, completing a monthly increase of 13.5863% or ¥0.11. Over the past 12 months, 159647 stock lost -4.4284%.
159647 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

159647 Chart

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Phillip China Stock Indices Traditional Chinese Medicine ETF (159647) FAQ

What is the stock price today?

The current price is ¥0.93.

On which exchange is it traded?

Phillip China Stock Indices Traditional Chinese Medicine ETF is listed on XSHE.

What is its stock symbol?

The ticker symbol is 159647.

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 146.98M.

Has Phillip China Stock Indices Traditional Chinese Medicine ETF ever had a stock split?

No, there has never been a stock split.

Phillip China Stock Indices Traditional Chinese Medicine ETF Profile

XSHE Exchange
China Country

Overview

The Phillip China Stock Indices Traditional Chinese Medicine ETF offers a specialized investment opportunity by targeting the traditional Chinese medicine (TCM) sector within China. This exchange-traded fund aims to reflect the performance of leading companies that are heavily involved in various facets of TCM, including the production, distribution, and research into traditional remedies, as well as the development of contemporary herbal supplements. Given the cultural and economic significance of TCM in China's healthcare landscape, this ETF facilitates investor participation in an area of the market that encapsulates both historical tradition and modern healthcare innovation. As global interest in alternative and complementary medicine increases, the Phillip China Stock Indices Traditional Chinese Medicine ETF positions itself as a vital conduit for investment into a sector that is witnessing a resurgence in popularity and is expected to continue its growth trajectory.

Products and Services

  • Exposure to the TCM Sector:

    This product is designed to provide investors with broad exposure to the traditional Chinese medicine industry by tracking a portfolio of companies involved in the entire value chain of TCM. This includes entities that specialize in the discovery, production, and distribution of traditional remedies, alongside firms focused on the research and development of new pharmaceuticals derived from herbal and natural sources.

  • Investment in Growth:

    By investing in a mix of established leaders and emerging companies within the TCM sector, the ETF not only supports traditional practices but also backs innovative approaches that could redefine healthcare options globally. This variety ensures that investors are well-positioned to benefit from both the stable growth of reliable enterprises and the dynamic expansion of new market entrants.

  • Diversified Portfolio:

    The ETF offers a diversified approach to investing in the TCM sector, mitigating the risks associated with individual stocks by spreading investments across a carefully selected range of companies. This diversification strategy aims to reduce volatility and enhance the potential for steady returns, reflecting the overall growth of the TCM industry in China and potentially globally.

  • Access to a Unique Market Sector:

    In an investment landscape that often focuses on well-trodden paths, this ETF presents a unique opportunity to venture into a market sector that is deeply rooted in cultural heritage yet is experiencing modern growth. It offers access to an industry that continues to expand its reach internationally, appealing to investors looking for alternative investment options that capture both tradition and innovation.

Contact Information

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