ICBC CSI Brand Name Drug ETF logo

ICBC CSI Brand Name Drug ETF (516060)

Market Closed
11 Aug, 06:57
SSE SSE
¥
0. 64
+0
+0.6289%
¥
- Market Cap
- Div Yield
35.65M Volume
¥ 0.64
Previous Close
Add Transaction
Day Range
0.61 0.66
Year Range
0.48 0.71
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Summary

516060 closed today higher at ¥0.64, an increase of 0.6289% from yesterday's close, completing a monthly increase of 16.3636% or ¥0.09. Over the past 12 months, 516060 stock gained 11.3043%.
516060 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

516060 Chart

ICBC CSI Brand Name Drug ETF (516060) FAQ

What is the stock price today?

The current price is ¥0.64.

On which exchange is it traded?

ICBC CSI Brand Name Drug ETF is listed on SSE.

What is its stock symbol?

The ticker symbol is 516060.

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, no market cap data is available.

Has ICBC CSI Brand Name Drug ETF ever had a stock split?

No, there has never been a stock split.

ICBC CSI Brand Name Drug ETF Profile

SSE Exchange
China Country

Overview

The ICBC CSI Brand Name Drug ETF is a distinctive exchange-traded fund that precisely targets the vibrant and rapidly growing pharmaceutical sector within China. This specialized ETF aims to mirror the performance of top-tier companies that are actively involved in the research, development, production, and distribution of brand-name pharmaceutical products. With a strategic focus on established brand-name drugs that are essential for various healthcare treatments, the fund offers investors a unique opportunity to engage with the burgeoning pharmaceutical industry. This sector is not only pivotal for domestic healthcare improvements but also plays a significant role in the global healthcare ecosystem. The ETF stands out by harnessing the economic dynamism of China's pharmaceutical industry, marked by its fast-paced growth and substantial contributions to global healthcare. By investing in companies that have a strong portfolio of brand-name drugs and a dominant market presence, the ICBC CSI Brand Name Drug ETF positions itself as a crucial component for investors aiming to diversify their portfolios with healthcare investments that have a potential for high growth and innovation.

Products and Services

The ICBC CSI Brand Name Drug ETF focuses on providing investment options that are heavily concentrated in the pharmaceutical sector of China, emphasizing companies with a significant footprint in the brand-name drug market. Here are the key investment focuses:

  • Brand Name Pharmaceutical Companies: The core of the ETF's portfolio is built around leading pharmaceutical firms that specialize in the development, production, and distribution of branded drugs. These companies are recognized for their vital role in healthcare treatments, owning a portfolio of drugs that have established efficacy and safety profiles. Investing in these firms offers exposure to the innovation and market stability associated with reputable brands.
  • Research and Development Firms: Another critical component of the ETF includes companies dedicated to the research and development (R&D) of new pharmaceuticals. The emphasis here is on firms that have a robust pipeline of brand-name drugs under development, promising future growth and innovation in healthcare treatments. These R&D efforts drive the pharmaceutical industry forward, making these companies attractive for investors looking to capitalize on the next generation of healthcare solutions.

Contact Information

Address: Bank of Beijing Building
Phone: 86 10 6658 3333