Overview
Description
The Hang Seng S&P 500 Index Electronic Depositary Receipt is a financial instrument designed to facilitate investors in accessing the performance of the renowned S&P 500 Index on international platforms. Operating primarily in the Hong Kong market, this depositary receipt allows for easier trading and investment management by linking to the widely established S&P 500, which represents 500 large companies listed on stock exchanges in the United States. By doing so, it encapsulates sectors such as technology, healthcare, and finance, offering a broad overview of the US economic landscape. This instrument is pivotal in providing non-US investors with exposure to the US equity market without dealing directly in American stock exchanges, thus simplifying cross-border investments. By reflecting the movements of the S&P 500, this electronic depositary receipt plays a crucial role in global market integration, enabling investors to diversify their portfolio with a mix of stable, well-established US corporations. Serving as a bridge between regions, it significantly contributes to increased market efficiency and diversity in investment strategies.
About
CEO
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Website
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Instrument type
Common stock
Sector
Industry
Country
Thailand
MIC code
XBKK