Hang Seng China Enterprises Index ETF Units Thailand Depository Receipt Repr 0.066666667 Sh
SSET:HKCE0122.50
THB
-0.90
(-3.85%)
ISIN
TH0809120908
Return %
Stock
S&P 500
1Y
-16.67
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- Hong Kong Hong Kong
- IPO Date
- Dec 18, 2018
- Similar Companies
- Business
- Hang Seng China Enterprises Index ETF Units Thailand Depository Receipt (SET: HKCE01) is an exchange-traded depositary receipt issued by Bualuang Securities Public Company Limited and listed on the Stock Exchange of Thailand. The instrument represents fractional beneficial ownership in the Hang Seng China Enterprises Index ETF (HKEX: 2828), which is managed by Hang Seng Investment Management Limited, a wholly owned asset management subsidiary of Hang Seng Bank Limited and part of the HSBC Group. Each depositary receipt represents approximately 0.066666667 units (a ratio of 15 depository receipts to one underlying ETF unit) of the offshore fund. Headquartered in Bangkok, Thailand, the issuer Bualuang Securities was founded in 2001 as the securities arm of Bangkok Bank Public Company Limited, while the underlying fund manager, Hang Seng Investment Management Limited, was founded in 1993 and is headquartered in Hong Kong. The instrument operates within the capital markets and asset management sector, serving retail, high-net-worth, and institutional investors seeking direct equity exposure to the Chinese mainland economy through the Stock Exchange of Thailand. HKCE01 tracks the performance of the Hang Seng China Enterprises Index (HSCEI), providing diversified exposure to the largest and most liquid Chinese enterprises listed on the Hong Kong Stock Exchange, comprising H-shares, Red Chips, and P-chips. Its core investment portfolio and systematic product features encompass comprehensive sector representation across information technology and digital platform services; banking, insurance, and diversified financial services; consumer discretionary products and retail; telecommunication and digital communication infrastructure; energy, petroleum, and natural resources; industrial manufacturing and transportation; healthcare and biotechnology; and utilities and property development. The depositary receipt offers systematic investment services including real-time trading in Thai Baht (THB) during domestic market hours; direct pass-through rights to cash dividends and corporate action distributions net of relevant withholding taxes; continuous secondary market liquidity provided by dedicated market makers; and full integration with Thailand Securities Depository (TSD) settlement systems without requiring offshore brokerage accounts or foreign exchange conversion. In recent developments over the past two years, Bualuang Securities and the Stock Exchange of Thailand have actively expanded their depositary receipt product ecosystem to accommodate increasing domestic demand for global asset allocation. The underlying Hang Seng China Enterprises Index ETF has executed successive index constituent rebalancings to increase the index weighting of high-growth technology conglomerates, green energy producers, and new-economy consumer leaders, reflecting ongoing structural transformations in the Chinese economy. In parallel, Bualuang Securities has enhanced its market-making algorithms and deepened liquidity provisioning for HKCE01, narrowing bid-ask spreads during Thai trading hours. The issuer has also expanded digital access by integrating fractional and standard depositary receipt execution tools into leading retail investment platforms, including Settrade Streaming and proprietary mobile trading applications, supporting broadened investor participation in cross-border securities.