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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) | 25.06 *

DR on Hang Seng China Enterprises Index ETF (2828) | 25.06 *

Data as of 23 January 2026 at 08:48 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)
3.75 3.8 3.85 3.9 3.95 4 4.05 4.1 4.15 4.2 4.25
92.5 23.12500 23.43300 23.74200 24.05000 24.35800 24.66700 24.97500 25.28300 25.59200 25.90000 26.20800
92.6 23.15000 23.45900 23.76700 24.07600 24.38500 24.69300 25.00200 25.31100 25.61900 25.92800 26.23700
92.7 23.17500 23.48400 23.79300 24.10200 24.41100 24.72000 25.02900 25.33800 25.64700 25.95600 26.26500
92.8 23.20000 23.50900 23.81900 24.12800 24.43700 24.74700 25.05600 25.36500 25.67500 25.98400 26.29300
92.9 23.22500 23.53500 23.84400 24.15400 24.46400 24.77300 25.08300 25.39300 25.70200 26.01200 26.32200
93 23.25000 23.56000 23.87000 24.18000 24.49000 24.80000 25.11000 25.42000 25.73000 26.04000 26.35000
93.1 23.27500 23.58500 23.89600 24.20600 24.51600 24.82700 25.13700 25.44700 25.75800 26.06800 26.37800
93.2 23.30000 23.61100 23.92100 24.23200 24.54300 24.85300 25.16400 25.47500 25.78500 26.09600 26.40700
93.3 23.32500 23.63600 23.94700 24.25800 24.56900 24.88000 25.19100 25.50200 25.81300 26.12400 26.43500
93.4 23.35000 23.66100 23.97300 24.28400 24.59500 24.90700 25.21800 25.52900 25.84100 26.15200 26.46300
93.5 23.37500 23.68700 23.99800 24.31000 24.62200 24.93300 25.24500 25.55700 25.86800 26.18000 26.49200
93.6 23.40000 23.71200 24.02400 24.33600 24.64800 24.96000 25.27200 25.58400 25.89600 26.20800 26.52000
93.7 23.42500 23.73700 24.05000 24.36200 24.67400 24.98700 25.29900 25.61100 25.92400 26.23600 26.54800
93.8 23.45000 23.76300 24.07500 24.38800 24.70100 25.01300 25.32600 25.63900 25.95100 26.26400 26.57700
93.9 23.47500 23.78800 24.10100 24.41400 24.72700 25.04000 25.35300 25.66600 25.97900 26.29200 26.60500
94 23.50000 23.81300 24.12700 24.44000 24.75300 25.06700 25.38000 25.69300 26.00700 26.32000 26.63300
94.1 23.52500 23.83900 24.15200 24.46600 24.78000 25.09300 25.40700 25.72100 26.03400 26.34800 26.66200
94.2 23.55000 23.86400 24.17800 24.49200 24.80600 25.12000 25.43400 25.74800 26.06200 26.37600 26.69000
94.3 23.57500 23.88900 24.20400 24.51800 24.83200 25.14700 25.46100 25.77500 26.09000 26.40400 26.71800
94.4 23.60000 23.91500 24.22900 24.54400 24.85900 25.17300 25.48800 25.80300 26.11700 26.43200 26.74700
94.5 23.62500 23.94000 24.25500 24.57000 24.88500 25.20000 25.51500 25.83000 26.14500 26.46000 26.77500
94.6 23.65000 23.96500 24.28100 24.59600 24.91100 25.22700 25.54200 25.85700 26.17300 26.48800 26.80300
94.7 23.67500 23.99100 24.30600 24.62200 24.93800 25.25300 25.56900 25.88500 26.20000 26.51600 26.83200
94.8 23.70000 24.01600 24.33200 24.64800 24.96400 25.28000 25.59600 25.91200 26.22800 26.54400 26.86000
94.9 23.72500 24.04100 24.35800 24.67400 24.99000 25.30700 25.62300 25.93900 26.25600 26.57200 26.88800
95 23.75000 24.06700 24.38300 24.70000 25.01700 25.33300 25.65000 25.96700 26.28300 26.60000 26.91700
95.1 23.77500 24.09200 24.40900 24.72600 25.04300 25.36000 25.67700 25.99400 26.31100 26.62800 26.94500
95.2 23.80000 24.11700 24.43500 24.75200 25.06900 25.38700 25.70400 26.02100 26.33900 26.65600 26.97300
95.3 23.82500 24.14300 24.46000 24.77800 25.09600 25.41300 25.73100 26.04900 26.36600 26.68400 27.00200
95.4 23.85000 24.16800 24.48600 24.80400 25.12200 25.44000 25.75800 26.07600 26.39400 26.71200 27.03000
95.5 23.87500 24.19300 24.51200 24.83000 25.14800 25.46700 25.78500 26.10300 26.42200 26.74000 27.05800

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.