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FLHK (Franklin FTSE Hong Kong ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The Hang Seng Index remains in a deep bear market and is hovering at its lowest level since July 17th as the crisis between the US and Iran escalates. It dropped to 24,570, down by over 11.65% from its highest level this year.
The Hang Seng Index retreated slightly on Monday as geopolitical tensions between the US and Iran rose and after a report showed that China's economy was struggling. It dropped to 25,402, slightly lower than this month's high of 26,180.
The Hang Seng Index has outperformed its major Asian peers this year, even as the Kospi and Nikkei 225 have come under pressure. The index has rebounded nearly 14% from its lowest level this year, while the Nikkei 225 and Kospi have fallen about 15% and 40%, respectively, from their year-highs.
The Hang Seng Index has stalled at a key resistance level as the recent momentum in China's technology sector fades. The index was little changed on Monday, trading at around 24,200, up 7.7% from its lowest level of the year.
The Hang Seng Index staged a strong comeback today, reaching its highest level since June 18, as investors rotated towards Chinese technology companies that have been left behind in the recent rally. It jumped to 24,057, up by 6.8% from its lowest point this year.
As Hong Kong vies with Wall Street to be the top IPO market, there's a growing trend where the stocks sink after their debut. Out of 30 Hong Kong-listed stocks that joined the Connect in early March, half more than doubled in price between their IPO and the last trading day before inclusion.
Hong Kong is considering waiving tax on fund managers' performance bonuses in order to woo investment talent, say market participants and sources familiar with the plans.
Hong Kong securities regulator has raided the local arms of two major Chinese brokerages as it investigates suspected misconduct tied to share offerings, sources said, the latest move by authorities to ramp up policing of an IPO boom in the city.