Ive been invested in an ETF that tracks the top company in various industires in China A shares. Here is their factsheet (https://www.etnet.com.hk/www/eng/etf/etf_factsheet.php?etfcode=83128&lang=eng&month=201802)
Now there are rumours swirling that the big dogs listed in USA (JD, Alibaba, Baidu) will come back to A shares as CDRs (China depository receipts) .
I assume if alibaba lists as A shares, it will be instantly included in an ETF that tracks the top industries. How does it affect the NAV once the ETF includes their shares (since ali has such a big market cap)? I assume the demand for such ETF would spike up. Would the price immediately go up?
Submitted April 18, 2018 at 07:53AM by mepatrick https://ift.tt/2J1VTOI
