Gt China State Owned Enterprise Stand Property Etf logo

Gt China State Owned Enterprise Stand Property Etf (517090)

Market Closed
11 Aug, 06:57
SSE SSE
¥
1. 58
-0
-0.189%
¥
223.93M Market Cap
- Div Yield
2.21M Volume
¥ 1.59
Previous Close
Add Transaction
Day Range
1.58 1.6
Year Range
1.39 1.79
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Summary

517090 closed today lower at ¥1.58, a decrease of -0.189% from yesterday's close, completing a monthly increase of 13.9568% or ¥0.19. Over the past 12 months, 517090 stock gained 0.3802%.
517090 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

517090 Chart

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Gt China State Owned Enterprise Stand Property Etf (517090) FAQ

What is the stock price today?

The current price is ¥1.58.

On which exchange is it traded?

Gt China State Owned Enterprise Stand Property Etf is listed on SSE.

What is its stock symbol?

The ticker symbol is 517090.

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 223.93M.

Has Gt China State Owned Enterprise Stand Property Etf ever had a stock split?

No, there has never been a stock split.

Gt China State Owned Enterprise Stand Property Etf Profile

SSE Exchange
China Country

Overview

The Gt China State Owned Enterprise Stand Property ETF is an innovative financial instrument designed to provide investors with a focused avenue for participating in China's state-owned real estate market. This exchange-traded fund (ETF) is dedicated to investing in a selection of state-owned enterprises (SOEs) that are significant actors within the Chinese property sector. These include entities engaged in a wide range of real estate activities, such as the development, management, sale, and maintenance of various property types, ranging from residential and commercial to industrial. By aggregating investments in these SOEs, the ETF offers a diversified portfolio that mirrors the dynamics and growth potential of China's substantial real estate industry, which is a cornerstone of the country's economic framework.

Products and Services

  • Targeted Investment Exposure
  • This ETF provides investors with targeted exposure to the Chinese state-owned real estate sector. It is crafted to ensure that investments are channeled towards companies that are primarily under government ownership and operate within the strategic real estate domain of China. This targeted investment approach is aimed at capturing the growth and stability offered by these enterprises, reflecting the strategic importance of real estate in China's economic expansion and urban development initiatives.

  • Portfolio Diversification
  • The Gt China State Owned Enterprise Stand Property ETF allows for significant diversification within the realm of Chinese real estate investments. By encompassing a variety of state-owned enterprises involved in different aspects of the real estate market, the ETF mitigates investment risks associated with focusing on a single company or property type. This diversification across the portfolio of key players in the Chinese real estate market enables investors to benefit from the sector's overall growth while managing the potential volatility associated with individual enterprises.

  • Liquidity and Accessibility
  • As an exchange-traded fund, this product offers high liquidity and easy accessibility for investors looking to engage with the Chinese property market. It provides a convenient and efficient way to invest in a range of state-owned real estate enterprises without the complexity of direct investment in foreign markets or individual companies. This ease of access is complemented by the liquidity inherent in ETFs, allowing investors to enter and exit positions according to their strategic investment goals and market outlook.

  • Performance Tracking
  • The ETF is designed to track the performance of a specific index that represents the aggregated value and activities of the state-owned enterprises within China’s real estate sector. This tracking ability enables investors to gauge the overall performance of these enterprises against the broader market indices and economic indicators. It offers a transparent view into how these government-aligned entities are performing, thereby providing insights into sector-specific trends, governmental priorities, and the real estate market's contribution to national economic growth.

Contact Information

Address: 39F, Shanghai World Financial Center
Phone: 86 21 38561600