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) | 24.05 *

DR on Hang Seng China Enterprises Index ETF (2828) | 24.05 *

Data as of 09 March 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)
3.85 3.9 3.95 4 4.05 4.1 4.15 4.2 4.25 4.3 4.35
86.5 22.20200 22.49000 22.77800 23.06700 23.35500 23.64300 23.93200 24.22000 24.50800 24.79700 25.08500
86.6 22.22700 22.51600 22.80500 23.09300 23.38200 23.67100 23.95900 24.24800 24.53700 24.82500 25.11400
86.7 22.25300 22.54200 22.83100 23.12000 23.40900 23.69800 23.98700 24.27600 24.56500 24.85400 25.14300
86.8 22.27900 22.56800 22.85700 23.14700 23.43600 23.72500 24.01500 24.30400 24.59300 24.88300 25.17200
86.9 22.30400 22.59400 22.88400 23.17300 23.46300 23.75300 24.04200 24.33200 24.62200 24.91100 25.20100
87 22.33000 22.62000 22.91000 23.20000 23.49000 23.78000 24.07000 24.36000 24.65000 24.94000 25.23000
87.1 22.35600 22.64600 22.93600 23.22700 23.51700 23.80700 24.09800 24.38800 24.67800 24.96900 25.25900
87.2 22.38100 22.67200 22.96300 23.25300 23.54400 23.83500 24.12500 24.41600 24.70700 24.99700 25.28800
87.3 22.40700 22.69800 22.98900 23.28000 23.57100 23.86200 24.15300 24.44400 24.73500 25.02600 25.31700
87.4 22.43300 22.72400 23.01500 23.30700 23.59800 23.88900 24.18100 24.47200 24.76300 25.05500 25.34600
87.5 22.45800 22.75000 23.04200 23.33300 23.62500 23.91700 24.20800 24.50000 24.79200 25.08300 25.37500
87.6 22.48400 22.77600 23.06800 23.36000 23.65200 23.94400 24.23600 24.52800 24.82000 25.11200 25.40400
87.7 22.51000 22.80200 23.09400 23.38700 23.67900 23.97100 24.26400 24.55600 24.84800 25.14100 25.43300
87.8 22.53500 22.82800 23.12100 23.41300 23.70600 23.99900 24.29100 24.58400 24.87700 25.16900 25.46200
87.9 22.56100 22.85400 23.14700 23.44000 23.73300 24.02600 24.31900 24.61200 24.90500 25.19800 25.49100
88 22.58700 22.88000 23.17300 23.46700 23.76000 24.05300 24.34700 24.64000 24.93300 25.22700 25.52000
88.1 22.61200 22.90600 23.20000 23.49300 23.78700 24.08100 24.37400 24.66800 24.96200 25.25500 25.54900
88.2 22.63800 22.93200 23.22600 23.52000 23.81400 24.10800 24.40200 24.69600 24.99000 25.28400 25.57800
88.3 22.66400 22.95800 23.25200 23.54700 23.84100 24.13500 24.43000 24.72400 25.01800 25.31300 25.60700
88.4 22.68900 22.98400 23.27900 23.57300 23.86800 24.16300 24.45700 24.75200 25.04700 25.34100 25.63600
88.5 22.71500 23.01000 23.30500 23.60000 23.89500 24.19000 24.48500 24.78000 25.07500 25.37000 25.66500
88.6 22.74100 23.03600 23.33100 23.62700 23.92200 24.21700 24.51300 24.80800 25.10300 25.39900 25.69400
88.7 22.76600 23.06200 23.35800 23.65300 23.94900 24.24500 24.54000 24.83600 25.13200 25.42700 25.72300
88.8 22.79200 23.08800 23.38400 23.68000 23.97600 24.27200 24.56800 24.86400 25.16000 25.45600 25.75200
88.9 22.81800 23.11400 23.41000 23.70700 24.00300 24.29900 24.59600 24.89200 25.18800 25.48500 25.78100
89 22.84300 23.14000 23.43700 23.73300 24.03000 24.32700 24.62300 24.92000 25.21700 25.51300 25.81000
89.1 22.86900 23.16600 23.46300 23.76000 24.05700 24.35400 24.65100 24.94800 25.24500 25.54200 25.83900
89.2 22.89500 23.19200 23.48900 23.78700 24.08400 24.38100 24.67900 24.97600 25.27300 25.57100 25.86800
89.3 22.92000 23.21800 23.51600 23.81300 24.11100 24.40900 24.70600 25.00400 25.30200 25.59900 25.89700
89.4 22.94600 23.24400 23.54200 23.84000 24.13800 24.43600 24.73400 25.03200 25.33000 25.62800 25.92600
89.5 22.97200 23.27000 23.56800 23.86700 24.16500 24.46300 24.76200 25.06000 25.35800 25.65700 25.95500

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.