HKCE01 - DR on Hang Seng China Enterprises Index ETF (2828)

HKCE01 - DR on Hang Seng China Enterprises Index ETF (2828)

DR on Hang Seng China Enterprises Index ETF (2828) | 24.10 *

DR on Hang Seng China Enterprises Index ETF (2828) | 24.10 *

Data as of 05 June 2026 at 03:00 PM (15-minute delayed)

* Foreign stock markets of the underlying securities are closed.

The iNAV price of Depositary Receipt (DR), which has ETF as the underlying securities, is an estimated price reflecting the value of the DR. The calculation of iNAV is derived from the latest value of the underlying securities announced by the ETF issuer (which could be displayed later than the actual data around 15 minutes in some countries).

In practical, the market makers may not be able to place bid/ask price at the iNAV level due to the difference between the bid/ask spread of the underlying securities and iNAV calculated as abovementioned, the limited liquidity for trading or the occurrence of relevant transaction costs.

In addition, the iNAV and the bid/ask spread calculation by the market makers comply with the same principle as other ETFs listed on the Stock Exchange of Thailand.

Remark

1) iNAV is not the bid/ask price of DR, but it is an indicative net asset value (NAV) per unit during the day, which is calculated from the exchange rate between Thai Baht and trading foreign currency of the ETFs listed in foreign securities exchanges.

2) Bualuang Securities Public Company Limited (“Bualuang Securities”) does not guarantee that the bid/ask price of DR will align with iNAV. Such incident may arise when the numbers of DR held by Bualuang Securities are insufficient to provide liquidity or when the foreign securities exchange is closed or any other circumstances.

iNAV Price Table of Hang Seng China Enterprises Index ETF (2828), the underlying asset of DR HKCE01 (Unit: Baht)​​

iNAV Price Table of Hang Seng China Enterprises Index ETF (2828), the underlying asset of DR HKCE01 (Unit: Baht)​​

iNAV Price Table of DR HKCE01 which has Hang Seng China Enterprises Index ETF (2828) as an underlying asset (Unit: Baht)

iNAV Price Table of DR HKCE01 which has Hang Seng China Enterprises Index ETF (2828) as an underlying asset (Unit: Baht)
iNAV (HKD) Exchange Rate HKD/THB (THB)
3.95 4 4.05 4.1 4.15 4.2 4.25 4.3 4.35 4.4 4.45
85.5 22.515 22.800 23.085 23.370 23.655 23.940 24.225 24.510 24.795 25.080 25.365
85.6 22.541 22.827 23.112 23.397 23.683 23.968 24.253 24.539 24.824 25.109 25.395
85.7 22.568 22.853 23.139 23.425 23.710 23.996 24.282 24.567 24.853 25.139 25.424
85.8 22.594 22.880 23.166 23.452 23.738 24.024 24.310 24.596 24.882 25.168 25.454
85.9 22.620 22.907 23.193 23.479 23.766 24.052 24.338 24.625 24.911 25.197 25.484
86 22.647 22.933 23.220 23.507 23.793 24.080 24.367 24.653 24.940 25.227 25.513
86.1 22.673 22.960 23.247 23.534 23.821 24.108 24.395 24.682 24.969 25.256 25.543
86.2 22.699 22.987 23.274 23.561 23.849 24.136 24.423 24.711 24.998 25.285 25.573
86.3 22.726 23.013 23.301 23.589 23.876 24.164 24.452 24.739 25.027 25.315 25.602
86.4 22.752 23.040 23.328 23.616 23.904 24.192 24.480 24.768 25.056 25.344 25.632
86.5 22.778 23.067 23.355 23.643 23.932 24.220 24.508 24.797 25.085 25.373 25.662
86.6 22.805 23.093 23.382 23.671 23.959 24.248 24.537 24.825 25.114 25.403 25.691
86.7 22.831 23.120 23.409 23.698 23.987 24.276 24.565 24.854 25.143 25.432 25.721
86.8 22.857 23.147 23.436 23.725 24.015 24.304 24.593 24.883 25.172 25.461 25.751
86.9 22.884 23.173 23.463 23.753 24.042 24.332 24.622 24.911 25.201 25.491 25.780
87 22.910 23.200 23.490 23.780 24.070 24.360 24.650 24.940 25.230 25.520 25.810
87.1 22.936 23.227 23.517 23.807 24.098 24.388 24.678 24.969 25.259 25.549 25.840
87.2 22.963 23.253 23.544 23.835 24.125 24.416 24.707 24.997 25.288 25.579 25.869
87.3 22.989 23.280 23.571 23.862 24.153 24.444 24.735 25.026 25.317 25.608 25.899
87.4 23.015 23.307 23.598 23.889 24.181 24.472 24.763 25.055 25.346 25.637 25.929
87.5 23.042 23.333 23.625 23.917 24.208 24.500 24.792 25.083 25.375 25.667 25.958
87.6 23.068 23.360 23.652 23.944 24.236 24.528 24.820 25.112 25.404 25.696 25.988
87.7 23.094 23.387 23.679 23.971 24.264 24.556 24.848 25.141 25.433 25.725 26.018
87.8 23.121 23.413 23.706 23.999 24.291 24.584 24.877 25.169 25.462 25.755 26.047
87.9 23.147 23.440 23.733 24.026 24.319 24.612 24.905 25.198 25.491 25.784 26.077
88 23.173 23.467 23.760 24.053 24.347 24.640 24.933 25.227 25.520 25.813 26.107
88.1 23.200 23.493 23.787 24.081 24.374 24.668 24.962 25.255 25.549 25.843 26.136
88.2 23.226 23.520 23.814 24.108 24.402 24.696 24.990 25.284 25.578 25.872 26.166
88.3 23.252 23.547 23.841 24.135 24.430 24.724 25.018 25.313 25.607 25.901 26.196
88.4 23.279 23.573 23.868 24.163 24.457 24.752 25.047 25.341 25.636 25.931 26.225
88.5 23.305 23.600 23.895 24.190 24.485 24.780 25.075 25.370 25.665 25.960 26.255

Related Document

Related Document
HKCE01 Prospectus
HKCE01 Prospectus
HKCE01 Factsheet
HKCE01 Factsheet
HKCE01 Research
HKCE01 Research
HKCE01 Prospectus
HKCE01 Prospectus
HKCE01 Factsheet
HKCE01 Factsheet
HKCE01 Research
HKCE01 Research

HKCE01 is depositary receipt (DR) with underlying asset that is Hang Seng China Enterprises Index ETF, an ETF listed on Hong Kong stock exchange with the symbol 2828. This ETF tracks the Hang Seng China Enterprises Index, one of the flagship indices in Hong Kong, comprising the Hang Seng, Hang Seng China Enterprises, and Hang Seng TECH.

The price of HKCE01 tends to move along with the price of 2828 ETF in the long term. The suitable time for investing in HKCE01 is when both Thai and Hong Kong stock exchanges are open, which is from 10:00 a.m. - 11:00 a.m. and 12:00 p.m. - 3:00 p.m. Thailand time.

The Hang Seng China Enterprises Index ETF is the second largest and most liquid ETF in the Hong Kong stock exchange (after the Tracker Fund of Hong Kong, which is the underlying asset of DR HK01). It is managed by Hang Seng Investment Management, the top asset management firm in Hong Kong in terms of assets under management.

Compared to the Hang Seng Index, the Hang Seng China Enterprises has a stronger focus on Chinese companies listed on the Hong Kong stock exchange and consists of 50 constituents, including leading companies like Tencent (0700), Alibaba (9988), and China Mobile (0941).

Since its establishment in 1994, the Hang Seng China Enterprises Index has shifted its focus from predominantly old economy stocks in sectors like finance and energy to encompass almost half of new economy stocks, including technology and healthcare. This represents an interesting development for the index. Additionally, the index has implemented a "Fast Entry" mechanism to quickly include large-cap stocks that have recently gone public in the Hong Kong stock market, allowing investors to capture new investment opportunities promptly.

DR Issuer
Bualuang Securities PCL.
DR Symbol
HKCE01
DR Ratio
1 Underlying : 15 DRs
DR’s First Trading Day
16 November 2023
Underlying Asset
Hang Seng China Enterprises Index ETF (2828)
Type of Underlying Asset
Exchange Traded Fund (ETF)
Listing Exchange
Hong Kong Stock Exchange
Dividend Policy of Underlying Asset
Approximately twice a year
Management Fee
Approximately 0.55% per annum
Benchmark Index
Hang Seng China Enterprises Index
Index Rebalance Frequency
Quarterly
Issuer’s Website of Underlying Asset

HKEX Holidays
Date Holiday Name

Please be informed that during Hong Kong Stock Exchange’s closing period, DR HKCE01 may have less liquidity than when Hong Kong and Thai Stock Exchange open at the same time.