Objectives of this blog:
1) Plan for my retirement.
2) Journal my way to financial freedom for my family and me in Singapore.
3) Share my financial knowledge and wealth management in an easy to understand way.
My current aim is to generate a passive income of $3000.
Thursday, October 22, 2009
China A-Share exchange-traded fund
I am very glad that UOB and SGX are launching the China A-Share exchange-traded fund. This ETF is a must to have in my opinion. The reason is there are a lot of potentials in the development of China and the expected growth rate is 8%. I expect in 10 to 15 year, this ETF will grow at least 3-5 times the value. Currently SSE is only about 3000 point, the previous peak is 6000. So it is still cheap to invest in China. I hope that this ETF will give good dividend which serve as a passive income.
i'm looking at A-share investment in Yuan. Any idea how we can do that?
ReplyDeleteHi Tang Jingwei,
ReplyDeleteCurrently there is no way to invest in China A share directly.
Regards