Investments

Tiger Brokers Singapore To Offer Singapore’s First Dividend-Paying China-Focused ETF Through Lion Global Investors

Effort is in line with Tiger Brokers Singapore's continuous effort to add different investment opportunities to address the demands of today’s investors.

Xiaomi-backed online brokerage Tiger Brokers Singapore (Tiger Brokers) today announced that they had been invited by Lion Global Investors, one of the largest asset managers in Southeast Asia, to be one of the Authorised Participating Dealers (“PDs”) for the Lion-OCBC Securities China Leaders ETF, listed on Singapore Exchange Securities Trading Limited (“SGX-ST”). Investors on Tiger Brokers’ platform, Tiger Trade, will be able to access Singapore’s first China-focused dividend-paying ETF. This ETF allows investors to partake in China’s growth story as well as diversify their investment portfolio by including Chinese stocks in an easy and affordable way.

Tiger Brokers’ investors will be able to subscribe for units in the Lion-OCBC Securities China Leaders ETF via the trading platform between 15 to 27 July 2021, 12 noon before the listing date.

 

Eng Thiam Choon, CEO of Tiger Brokers (Singapore), shared, “Tiger Brokers (Singapore) is always looking for ways to help our investors diversify their portfolio. We are honoured to be one of the first online brokerages to be appointed as the authorised participating dealer among other well-established brokerages to offer the Lion-OCBC Securities China Leaders ETF.”

 

The Lion-OCBC Securities China Leaders ETF aims to replicate as closely as possible, before expenses, the performance of the Hang Seng Stock Connect China 80 Index (the “Index”) using a direct investment policy of investing in all, or substantially all, of the underlying Index Securities. The Index  measures  the  overall  performance  of 80 of  the largest  Chinese companies such as Ping An, Xiaomi and Tencent, in terms of market capitalisation listed in Hong Kong and/or mainland China  that  are  eligible  for  Northbound  or  Southbound trading under the Stock Connect schemes.

 

Kwok Keng Han, Chief Marketing Officer of Lion Global Investors, shared, “At Lion Global Investors, we believe that quality investment solutions should be accessible and cost-effective to investors. We are excited about walking this new journey with Tiger Brokers Singapore. Through the Tiger Trade platform, investors will be able to tap into exciting growth opportunities like investing into the Lion-OCBC Securities China Leaders ETF.”

 

Other than the newly added ETF, Tiger Brokers’ investors have access to other trading opportunities such as Equities, different types of Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), US-listed over the counter (OTC) equities and Fund Mall. Tiger Trade currently offers trading on six different exchanges - New York Stock Exchange  (NYSE),  NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX).

Additionally, just last month, Tiger Brokers Singapore received the Best Sub-custodian Mandate, Broker-dealer (Singapore) presented by The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers. The online trading platform also received approval-in-principle to be admitted as a Clearing Member of The Central Depository (Pte) Limited (“CDP”) and approval-in-principle from Singapore Exchange Securities Trading Limited (“SGX-ST”) as well as Singapore Exchange Derivatives Trading Limited (“SGX-DT”) for admission as a Trading Member.