China Universal CSI IB Brokerage ETF logo

China Universal CSI IB Brokerage ETF (501048)

Market Closed
11 Aug, 06:57
SSE SSE
¥
1. 10
-0
-0.1813%
¥
35M Market Cap
- Div Yield
5,700 Volume
¥ 1.1
Previous Close
Add Transaction
Day Range
1.1 1.11
Year Range
1.01 1.36
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Summary

501048 closed today lower at ¥1.1, a decrease of -0.1813% from yesterday's close, completing a monthly decrease of -2.1333% or -¥0.02. Over the past 12 months, 501048 stock lost -10.7056%.
501048 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

501048 Chart

China Universal CSI IB Brokerage ETF (501048) FAQ

What is the stock price today?

The current price is ¥1.10.

On which exchange is it traded?

China Universal CSI IB Brokerage ETF is listed on SSE.

What is its stock symbol?

The ticker symbol is 501048.

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 35M.

Has China Universal CSI IB Brokerage ETF ever had a stock split?

No, there has never been a stock split.

China Universal CSI IB Brokerage ETF Profile

SSE Exchange
China Country

Overview

The China Universal CSI Hong Kong High Dividend ETF is a strategic financial instrument developed to provide investors with an opportunity to gain exposure to dividend-yielding stocks in Hong Kong. The ETF aims to replicate the performance of the CSI Hong Kong Dividend Index, meticulously selected for companies renowned for their high dividend yields. This ETF is engineered for investors who prioritize income generation through dividends and prefer a diversified investment portfolio. It incorporates a wide array of sectors including finance, utilities, telecommunications, and real estate, offering a comprehensive approach to leveraging the Hong Kong equity market's value. As a gateway for both institutional and retail investors into high-yield equities without the complexities of individual stock selection, this ETF serves as an effective tool to engage with the Hong Kong stock market, ensuring risk mitigation through diversification and aiming for stable income streams, especially pivotal in markets where dividends significantly contribute to total investment returns.

Products and Services

  • Exposure to High Dividend Yield Stocks:

    The ETF specializes in providing investors with access to stocks listed in Hong Kong that consistently offer high dividend yields. By focusing on such stocks, the ETF caters to income-focused investors, aiming to deliver a steady income stream in addition to potential capital gains.

  • Tracking the CSI Hong Kong Dividend Index:

    At the core of the ETF's strategy is its aim to track the CSI Hong Kong Dividend Index accurately. This index is comprised of companies based in Hong Kong known for their robust dividend yields, ensuring that the ETF's portfolio reflects the performance of some of the most financially stable and rewarding stocks in the region.

  • Diversification Across Various Sectors:

    Understanding the importance of risk management, the ETF is constructed with a diversified portfolio spanning multiple sectors such as finance, utilities, telecommunications, and real estate. This diversification helps in reducing risk while attempting to capture growth and income opportunities across different segments of the Hong Kong economy.

  • Access for Institutional and Retail Investors:

    The ETF is designed to be accessible to a broad range of investors, including both institutional and retail participants. This inclusivity allows a wider audience to invest in Hong Kong's high-yield equities market, simplifying the investment process and democratizing access to potentially lucrative dividend income opportunities.

  • Risk Mitigation through Diversification:

    One of the key benefits offered by the ETF is the natural risk mitigation achieved through diversification. By investing in a basket of high-dividend-yielding stocks across various industries, investors can potentially reduce the volatility and overall risk of their investment portfolios, making it an attractive option for those looking to balance income generation with capital preservation.

Contact Information

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