The Southern Eastern Capital US Stock Seven Giants ETF will be listed on the Hong Kong Stock Exchange tomorrow

The Southern Eastern Capital US Seven Giants ETF will be listed on the Hong Kong Stock Exchange tomorrow (November 6). To track the performance of the Solactive US Seven Giants Index, this ETF adopts a full replication strategy. The listing price is approximately HKD 7.8 per unit, with a trading unit of 100 shares and a management fee of 0.6%. The ETF has already secured an initial investment of USD 5 million. The tech giants Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla make up the US Seven Giants. The market capitalization of the US Seven Giants stocks reaches USD 15.41 trillion, surpassing the total market size of Japan, Canada, and the UK stock markets. Since 2015, the weight of the US Seven Giants in the S&P 500 Index has approximately tripled, rising from 11.93% to 31.65%. In the tech-heavy Nasdaq 100 Index, the proportion of the US Seven Giants has steadily increased, dominating the market in the long term