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00864B

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with ticker symbol 00864B.TWO refers to the CTBC China High-Tech 50 ETF. This ETF, traded on the Taiwan Stock Exchange (indicated by the ".TWO" suffix), tracks the performance of the China High-Tech 50 Index. This index comprises 50 of the largest and most liquid high-tech companies listed on the Shanghai and Shenzhen Stock Exchanges. Therefore, the ETF aims to provide investors with exposure to the Chinese technology sector.
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Factors

Underlying Asset Performance: The primary driver is the performance of the securities held within the ETF. If the underlying index or basket of stocks increases in value, the ETF's price will generally rise.

Supply and Demand: Market demand for the ETF shares influences its price. Higher demand typically leads to a price increase, while higher selling pressure can lower the price.

Net Asset Value (NAV): The NAV, reflecting the total value of the ETF's holdings minus liabilities, is a key benchmark. Discrepancies between the market price and NAV can create arbitrage opportunities.

Expense Ratio: The ETF's operating costs, expressed as an expense ratio, can impact its overall return. Higher expense ratios can slightly dampen the ETF's price performance relative to its underlying assets.

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