ICBC Hong Kong High Dividend Yield ETF logo

ICBC Hong Kong High Dividend Yield ETF (159691)

Market Closed
11 Aug, 06:57
XSHE XSHE
¥
1. 20
+0.01
+0.5013%
¥
- Market Cap
0.04% Div Yield
100.79M Volume
¥ 1.2
Previous Close
Add Transaction
Day Range
1.2 1.22
Year Range
1.08 1.42
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Summary

159691 closed today higher at ¥1.2, an increase of 0.5013% from yesterday's close, completing a monthly increase of 10.8756% or ¥0.12. Over the past 12 months, 159691 stock lost -6.7442%.
159691 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

159691 Chart

ICBC Hong Kong High Dividend Yield ETF (159691) FAQ

What is the stock price today?

The current price is ¥1.20.

On which exchange is it traded?

ICBC Hong Kong High Dividend Yield ETF is listed on XSHE.

What is its stock symbol?

The ticker symbol is 159691.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.04%.

What is its market cap?

As of today, no market cap data is available.

Has ICBC Hong Kong High Dividend Yield ETF ever had a stock split?

No, there has never been a stock split.

ICBC Hong Kong High Dividend Yield ETF Profile

XSHE Exchange
China Country

Overview

The ICBC Hong Kong High Dividend Yield ETF, managed by the Industrial and Commercial Bank of China (ICBC), is a strategic financial vehicle crafted to facilitate investor access to high dividend-yielding stocks within the Hong Kong market. This exchange-traded fund aims to deliver diversified investment options emphasizing stable income generation through dividends. Designed for investors with an income-focused strategy, the ETF emphasizes equities from sectors traditionally associated with consistent dividend payouts, including utilities, telecommunications, financials, and real estate. This aspect of the ETF allows for broad exposure across various segments of the Hong Kong economy, enhancing its appeal as a comprehensive investment tool for income generation and risk management.

Products and Services

  • High Dividend Yield Stocks Exposure:

    The core offering of the ICBC Hong Kong High Dividend Yield ETF is its focused investment in high dividend-yielding stocks listed in the Hong Kong market. By pooling equities known for their steady dividend returns, such as those in the utilities, telecommunication, financial, and real estate sectors, the ETF enables investors to potentially achieve a stable income stream. This exposure is particularly valuable for those seeking investments that support income-focused objectives.

  • Diversified Investment Vehicle:

    This ETF is designed as a diversified investment vehicle, targeting not just a collection of high dividend yield stocks but also aiming to cover a wide spectrum of the Hong Kong economy. The diversification strategy is evident through the ETF's inclusion of equities from multiple sectors known for reliable dividend payments. In doing so, it mitigates specific sector risks, offering investors a balanced and broad-ranging engagement with Hong Kong's economic environment. This diversification is a cornerstone of the ETF's strategy to provide stable income and risk mitigation.

  • Geographical Diversification:

    With its focus solely on the Hong Kong market, the ETF offers investors a chance for geographical diversification. This is particularly important for individuals or entities seeking to spread their investment portfolio across various markets to reduce risk. The ICBC Hong Kong High Dividend Yield ETF's concentration on Hong Kong equities provides a strategic entry point into one of Asia's premier financial hubs, catering to the diversification needs of investors aiming to balance their investment portfolios with Asian equity exposure.

  • Managed by ICBC:

    The ETF's management under the Industrial and Commercial Bank of China (ICBC) adds an extra layer of credibility and expertise. As one of the leading financial institutions globally, ICBC's involvement ensures that the ETF is backed by robust financial acumen and insight into market dynamics. This management aspect reassures investors of the professional oversight and strategic guidance in their investment, aligning with quality and performance standards expected in global investment scenarios.

Contact Information

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