Yinhua China Sec Hong Kong Stock Connect Innovative Drug Etf

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

159567 trades at 0.788 CNY today, its price has fallen −0.38% in the past 24 hours. Track more dynamics on 159567 price chart.

159567 net asset value is 0.80 today — it's fallen 2.16% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

159567 invests in stocks. See more details in our Analysis section.

159567 expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 159567 technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 159567 shows the neutral signal. See more of 159567 technicals for a more comprehensive analysis.

No, 159567 doesn't pay dividends to its holders.

159567 trades at a premium (0.28%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

159567 shares are issued by Yinhua Fund Management Co., Ltd.

159567 follows the China Securities Hong Kong Stock Connect Innovative Drug Index - CNY - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Jan 3, 2024.