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Report: Indian Investors Flocking to HSI-Tracking ETF w/ 10%+ Premium
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Amid a faltering domestic economy in India, investors are flocking to other markets, with some opting to bet on China, according to foreign media reports. This has driven the trading price of the Nippon India Hang Seng ETF, the only local fund tracking the HSI, to a premium exceeding 11% over its underlying value. However, despite the HSI leaping approximately 3.3% yesterday (6th), the ETF fell by about 1.5%, leaving investors disappointed. AAStocks Financial News |
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