Thai Stock Exchange launches two new DRs, “HKTECH13” and “JAPAN13”

The Stock Exchange has approved the listing of two new foreign securities rights instruments, known as ETF HSTECH and ETF MSCI JAPAN, issued by KGI Securities and trading under the abbreviations “HKTECH13” and “JAPAN13” on the Hong Kong Stock Exchange starting from January 5th.

The Stock Exchange of Thailand has approved the Depositary Receipt (DR) for two new securities, which are based on ETFs listed on the Hong Kong Stock Exchange.

• DR “HKTECH13” refers to the Hang Seng TECH Index ETF that focuses on investing in 30 large technology stocks on the Hong Kong Stock Exchange to obtain returns according to the Hang Seng TECH Index.
• DR “JAPAN13” refers to the ChinaAMC MSCI Japan Hedged to USD ETF, which is a fund that invests in Japanese stocks based on the MSCI Japan 100% Hedged to USD index that will generate returns consistent with the Japanese stock market. Along with currency hedging to help avoid fluctuations that may occur from the depreciation of the yen.

Source : The Stock Exchange accepts 2 new DRs “HKTECH13” and “JAPAN13” to start trading on 5 Jan.