HONG KONG, Nov. 20, 2023 – Mirae Asset Global Investments (Hong Kong) Limited (the “Company” or “Mirae Asset”) announced the launch of Global X China Little Giant ETF (2815) today, providing investors with a diversified and efficient investment opportunity in innovative small and medium-sized enterprises (SMEs) with high growth potential benefiting from China’s policy dividends.
The Global X China Little Giants ETF (2815) tracks the Solactive China Little Giants Index, investing in securities of 50 nationally recognized “little giant” enterprises selected by the Chinese government. As China’s economy transitions from high-GDP growth to high-quality development, accelerating technological innovation has become a crucial initiative for achieving structural transformation and industrial upgrading. These “little giant” enterprises focus on niche markets, possess strong innovation capabilities, and demonstrate growth potential, aligning with the current needs of China’s economy and the development trends of the era, thereby offering vast growth opportunities.
The Global X China Little Giant ETF (2815) invests a group of potential enterprises that possess core specialized technologies and higher investment returns, allowing investors to conveniently and cost-effectively participate in China’s rapid growth in strategic sectors such as semiconductors, advanced manufacturing, pharmaceuticals, new energy, etc., enabling them to effortlessly ride the wave of the times.
Mr. Wanyoun CHO, Chief Executive Officer of Mirae Asset Global Investments (Hong Kong) Limited, stated, “We are pleased to launch the Global X China Little Giant ETF (2815), providing investors with a simple and efficient way to invest in China’s rapidly growing technology industry. By introducing this ETF into our thematic product lineup, Mirae Asset continues to offer our clients investment products with growth potential. With the transformation of China’s overall economic structure and the continued development and upgrading in high-tech fields, we believe that the development of the innovative technology sector will be long-term and sustainable.”
The Global X China Little Giant ETF (2815) has a maximum total expense ratio of 0.68% for the first 12 months, applicable to both retail and institutional investors, and can be traded during normal trading hours on the Hong Kong Stock Exchange.”
Empower Excellence, Unlock Growth Potential: China Little Giant
