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) | 24.70 *

DR on Hang Seng China Enterprises Index ETF (2828) | 24.70 *

Data as of 24 April 2026 at 12:20 AM (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
87.5 22.458 22.750 23.042 23.333 23.625 23.917 24.208 24.500 24.792 25.083 25.375
87.6 22.484 22.776 23.068 23.360 23.652 23.944 24.236 24.528 24.820 25.112 25.404
87.7 22.510 22.802 23.094 23.387 23.679 23.971 24.264 24.556 24.848 25.141 25.433
87.8 22.535 22.828 23.121 23.413 23.706 23.999 24.291 24.584 24.877 25.169 25.462
87.9 22.561 22.854 23.147 23.440 23.733 24.026 24.319 24.612 24.905 25.198 25.491
88 22.587 22.880 23.173 23.467 23.760 24.053 24.347 24.640 24.933 25.227 25.520
88.1 22.612 22.906 23.200 23.493 23.787 24.081 24.374 24.668 24.962 25.255 25.549
88.2 22.638 22.932 23.226 23.520 23.814 24.108 24.402 24.696 24.990 25.284 25.578
88.3 22.664 22.958 23.252 23.547 23.841 24.135 24.430 24.724 25.018 25.313 25.607
88.4 22.689 22.984 23.279 23.573 23.868 24.163 24.457 24.752 25.047 25.341 25.636
88.5 22.715 23.010 23.305 23.600 23.895 24.190 24.485 24.780 25.075 25.370 25.665
88.6 22.741 23.036 23.331 23.627 23.922 24.217 24.513 24.808 25.103 25.399 25.694
88.7 22.766 23.062 23.358 23.653 23.949 24.245 24.540 24.836 25.132 25.427 25.723
88.8 22.792 23.088 23.384 23.680 23.976 24.272 24.568 24.864 25.160 25.456 25.752
88.9 22.818 23.114 23.410 23.707 24.003 24.299 24.596 24.892 25.188 25.485 25.781
89 22.843 23.140 23.437 23.733 24.030 24.327 24.623 24.920 25.217 25.513 25.810
89.1 22.869 23.166 23.463 23.760 24.057 24.354 24.651 24.948 25.245 25.542 25.839
89.2 22.895 23.192 23.489 23.787 24.084 24.381 24.679 24.976 25.273 25.571 25.868
89.3 22.920 23.218 23.516 23.813 24.111 24.409 24.706 25.004 25.302 25.599 25.897
89.4 22.946 23.244 23.542 23.840 24.138 24.436 24.734 25.032 25.330 25.628 25.926
89.5 22.972 23.270 23.568 23.867 24.165 24.463 24.762 25.060 25.358 25.657 25.955
89.6 22.997 23.296 23.595 23.893 24.192 24.491 24.789 25.088 25.387 25.685 25.984
89.7 23.023 23.322 23.621 23.920 24.219 24.518 24.817 25.116 25.415 25.714 26.013
89.8 23.049 23.348 23.647 23.947 24.246 24.545 24.845 25.144 25.443 25.743 26.042
89.9 23.074 23.374 23.674 23.973 24.273 24.573 24.872 25.172 25.472 25.771 26.071
90 23.100 23.400 23.700 24.000 24.300 24.600 24.900 25.200 25.500 25.800 26.100
90.1 23.126 23.426 23.726 24.027 24.327 24.627 24.928 25.228 25.528 25.829 26.129
90.2 23.151 23.452 23.753 24.053 24.354 24.655 24.955 25.256 25.557 25.857 26.158
90.3 23.177 23.478 23.779 24.080 24.381 24.682 24.983 25.284 25.585 25.886 26.187
90.4 23.203 23.504 23.805 24.107 24.408 24.709 25.011 25.312 25.613 25.915 26.216
90.5 23.228 23.530 23.832 24.133 24.435 24.737 25.038 25.340 25.642 25.943 26.245

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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.