PH China Sovereign 5-Year Local Government Bond ETF logo

PH China Sovereign 5-Year Local Government Bond ETF (159972)

Market Closed
11 Aug, 06:57
XSHE XSHE
¥
119. 59
+0.01
+0.0075%
¥
- Market Cap
8.2% Div Yield
5.75M Volume
¥ 119.58
Previous Close
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Day Range
119.57 119.59
Year Range
115.81 119.59
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Summary

159972 closed today higher at ¥119.59, an increase of 0.0075% from yesterday's close, completing a monthly increase of 0.2961% or ¥0.35. Over the past 12 months, 159972 stock gained 2.1256%.
159972 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

159972 Chart

PH China Sovereign 5-Year Local Government Bond ETF (159972) FAQ

What is the stock price today?

The current price is ¥119.59.

On which exchange is it traded?

PH China Sovereign 5-Year Local Government Bond ETF is listed on XSHE.

What is its stock symbol?

The ticker symbol is 159972.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 8.2%.

What is its market cap?

As of today, no market cap data is available.

Has PH China Sovereign 5-Year Local Government Bond ETF ever had a stock split?

No, there has never been a stock split.

PH China Sovereign 5-Year Local Government Bond ETF Profile

XSHE Exchange
China Country

Overview

The PH China Sovereign 5-Year Local Government Bond ETF is an innovative financial product designed to offer investors strategic exposure to the Chinese bond market, focusing on local government bonds with a maturity of five years. This exchange-traded fund aims to emulate the performance of its benchmark index, which is composed of sovereign bonds issued by various local governments across China. It distinguishes itself by concentrating on the fixed income sector, enhancing liquidity, and providing a diversified portfolio option for investors interested in tapping into one of the globe’s largest and most dynamically changing markets. As a critical addition to the financial marketplace, this ETF serves as an efficient, transparent, and cost-effective vehicle for global investors to gain access to China's local government debt, supporting the flow of investments and broadening the reach of China’s fixed income markets to international stakeholders. The PH China Sovereign 5-Year Local Government Bond ETF is not only key for those seeking portfolio diversification but also for investors aiming for steady income streams backed by the fiscal solidity of Chinese governmental entities.

Products and Services

  • Exposure to Chinese Local Government Bonds

    This ETF provides targeted exposure to local government bonds within China, focusing specifically on those with a maturity of five years. It is designed for investors seeking to diversify their investment portfolios with fixed income securities from China's robust and growing bond market.

  • Replication of Benchmark Performance

    The primary objective of the ETF is to mimic the performance of its benchmark index that includes sovereign bonds issued by local governments across China. This feature is particularly beneficial for investors looking to invest in a fund that closely tracks the performance and risk profile of China's local government bond market.

  • Increased Market Accessibility

    By investing in this ETF, individuals and institutional investors gain an accessible, transparent, and cost-effective route to China's local government debt market. It significantly lowers the barrier for global investors to partake in this segment of the Chinese bond market, promoting investment flows into China's fixed income sector.

  • Liquidity and Diversification

    Offering the advantages of both liquidity and diversification, the PH China Sovereign 5-Year Local Government Bond ETF is an attractive option for investors looking to mitigate risk while seeking stable income. The ETF's focus on a specific maturity segment of the bond market ensures that investors can plan their investments with greater predictability and reduced volatility.

Contact Information

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Phone: -