Just saw a finfluencer website doing an advertorial for UOB's A-share ETF. All I can say is sorry UOB, you launched the wrong China ETF. As for the website they are partnership with, they have to go along with the advertising copy and not mention that A-shares are severely underperforming vs HK/China ETFs. Everyday there is news of some a Chinese company like Xiaomi, BYD or Baba releasing some great AI or tech innovation in China. Any guesses whether these companies are listed in HSI or whether they are A shares? Looks like Lion-OCBC had the right idea when they launched their HSI Tech ETF though frankly, I find tech ETFs to be way too concentrated.
As I have mentioned in this blog. I have been doing regular monthly RSP of 2800/2801/3010 HK ETFs for the last few years because I don't want to look at my losses 😅, so best to just automate the buying process. Thanks to the recent rally, I don't mind looking at my China portfolio now as I should be able to break even soon. I bought more 2801.HK yesterday as well just in case there is a trade deal rally.
It's pretty obvious from this YTD chart that 2800.HK and 2801.HK are outperforming their A-share counterpart 2823.HK
Part of the reason can be found in this FT article. Mainland Chinese are buying more HK listed shares rather than A shares!
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