1716680099

Global X China E-commerce and Logistics ETF

3124 HKD

Invest in 3124

Important Information

Investors should not base investment decisions on this website alone. Please refer to the Prospectus for details including the product features and the risk factors. Investment involves risks. There is no guarantee of the repayment of the principal. Investors should note:

  • Global X China E-commerce and Logistics ETF’s (the “Fund’s”) investment in equity securities is subject to general market risks, whose value may fluctuate due to various factors, such as changes in investment sentiment, political and economic conditions and issuer-specific factors.
  • E-commerce  companies  typically  face  intense competition  and  are  subject  to  fluctuating  consumer  demand.  Many  of  these  companies  compete  aggressively  on  price, potentially affecting their long run profitability. Due to the online nature of E-commerce companies and their involvement in processing, storing and transmitting large amounts of data, these companies are particularly vulnerable to cyber security risk. In the event of a cyberattack, E-commerce companies could suffer serious adverse reputational and operational consequences, including liability and litigation.
  • Companies that provide logistics services are sensitive to changes in business cycles, general economic climate, increases in fuel and operating costs, labour relations, technology developments, exchange rates, insurance costs, industry competition and government regulation. Any future slowdowns or declines in the general economy or consumer spending may materially and adversely affect the business of the companies in the E-commerce and logistics sector.
  • China is an emerging market. The Fund invests in Chinese companies which may involve increased risks and special considerations not typically associated with investments in more developed markets, such as liquidity risk, currency risks, political risk, legal and taxation risks, and the likelihood of a high degree of volatility.
  • The trading price of the Fund’s unit (the “Unit”) on the Stock Exchange of Hong Kong is driven by market factors such as demand and supply of the Unit. Therefore, the Units may trade at a substantial premium or discount to the Fund’s net asset value.
  • The Fund’s synthetic replication strategy will involve investing up to 50% of its net asset value in financial derivative instruments (“FDIs”), mainly funded total return swap transaction(s) through one or more counterparty(ies). Risks associated with FDIs include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. FDIs are susceptible to price fluctuations and higher volatility, and may have large bid and offer spreads and no active secondary markets. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Sub-Fund.
  • As part of the securities lending transactions, there is a risk of shortfall of collateral value due to inaccurate pricing of the securities lent or change of value of securities lent. This may cause significant losses to the Fund. The borrower may fail to return the securities in a timely manner or at all. The Fund may suffer from a loss or delay when recovering the securities lent out. This may restrict the Fund’s ability in meeting delivery or payment obligations from realisation requests.

Why Global X China E-commerce and Logistics ETF?

High Growth Potential

Global X China E-commerce & Logistics ETF enables investors to access high growth potential through companies at the leading edge of e-commerce and logistics in China

Targeted Exposure

The Fund delivers targeted exposure to e-commerce and logistics companies in China

ETF Efficiency

In a single trade, the Fund delivers access to dozens of Chinese e-commerce and logistics companies

Fund InformationAs of 23 May 2024

Fund Inception Date 22 Jul 2021
SEHK Listing Date 23 Jul 2021
Fiscal Year Ending 31 Mar
Ongoing Charges Over A Year ^ 0.68%
Distribution Frequency Annually at the Manager's discretion (May in each year).
NAV Per Share RMB $40.73
Monthly Report
^ The Fund adopts a single management fee structure, whereby a single flat fee will be paid out of the assets of the Fund to cover all of the costs, fees and expenses of the Fund. Click to learn more.

Index Information 1 As of 23 May 2024

Underlying Index FactSet China E-commerce and Logistics Index 2
Index Type Net Total Return
Base Currency RMB
Closing Level 133.61
Change -1.27
Change % -0.94%

Trading InformationAs of 23 May 2024

Exchange Hong Kong Stock Exchange
Stock Code 3124
ISIN HK0000756228
Board Lot Size 50 Units
Trading Currency HKD
Total Net Asset Value $6,572,648.12
Outstanding Units 150,000

ETF Summary

The Global X China E-commerce and Logistics ETF (3124) seeks to invest in companies that are positioned to benefit from increased adoption of e-commerce and further advances in logistics industry in China including companies crucial to the development of transport infrastructure, logistics platforms, delivery services, and e-commerce platforms.

The investment objective of the Fund is to provide investment results that, before fees and expenses, closely correspond to the performance of the FactSet China E-commerce and Logistics Index (the "Index").

ETF Prices

* Market prices are provided on a 15-minute delayed basis by ICE Data Services. (See terms and conditions)

Daily NAV per Share4As of 23 May 2024

NAV Change % Change
Official NAV per Share in RMB $40.73 $-0.39 -0.94%
NAV per Share in HKD 5 $43.82 $-0.42 -0.94%

Performance As of 23 May 2024

Cumulative Return Fund NAV (%) Benchmark (%)
1 Mth 10.19 10.35
3 Mths 16.30 16.60
6 Mths 13.87 14.36
1 Yr 10.64 11.47
YTD 14.98 15.40
Since Inception -18.53 -17.20
Calendar Year Return Fund NAV (%) Benchmark (%)
2023 -13.40 -12.80
2022 -5.63 -4.93
2021 - -
2020 - -
2019 - -
Source: Mirae Asset Global Investments (Hong Kong) Limited.
• Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
• The computation basis of the performance is based on the calendar year end, NAV-to-NAV, with dividend reinvested.
• These figures show by how much the Sub-Fund increased or decreased in value during the calendar year shown.
• Performance data has been calculated in RMB including ongoing charges and excluding trading costs on SEHK you might have to pay.
• Where no past performance is shown there was insufficient data available in that year to provide performance.
• The Index of the Fund is FactSet China E-commerce and Logistics Index.
• Fund inception date: 22 Jul 2021

Holdings Overview As of 23 May 2024

Total Net Asset Value (in HKD) Number of Securities Securities (%) Cash and Cash Equivalent (%)
6,572,648.12 30 99.29 0.71

Daily HoldingsAs of 23 May 2024

Name of Securities Exchange Ticker Exchange Market Price (in RMB) Number of Shares Held Market Value (in RMB) Net Assets (%)
MEITUAN-CLASS B 3690 HK Hong Kong 111.09 4,014 445,897.63 7.30
PDD HOLDINGS INC PDD US New York 1,115.22 394 439,395.32 7.19
COSCO SHIPPING HOLDINGS CO 601919 C1 Shanghai 14.13 29,300 414,009.00 6.78
JD.COM INC-ADR JD US New York 226.48 1,754 397,253.15 6.50
ZTO EXPRESS CAYMAN INC-ADR ZTO US New York 177.92 2,156 383,597.03 6.28
FULL TRUCK ALLIANCE -SPN ADR YMM US New York 64.82 5,805 376,302.28 6.16
ALIBABA GROUP HOLDING-SP ADR BABA US New York 586.54 591 346,642.66 5.67
S F HOLDING CO LTD 002352 C2 Shenzhen 38.52 8,400 323,568.00 5.30
BEIJING-SHANGHAI HIGH SPE 601816 C1 Shanghai 5.16 62,300 321,468.00 5.26
MTR CORP 66 HK Hong Kong 26.49 10,511 278,470.24 4.56
SHANGHAI INTERNATIONAL AIR 600009 C1 Shanghai 35.79 7,600 272,004.00 4.45
VIPSHOP HOLDINGS LTD - ADR VIPS US New York 115.49 2,324 268,404.30 4.39
DAQIN RAILWAY CO LTD 601006 C1 Shanghai 7.06 35,900 253,454.00 4.15
CHINA MERCHANTS EXPRESSWAY 001965 C2 Shenzhen 11.34 17,500 198,450.00 3.25
SITC INTERNATIONAL HOLDINGS 1308 HK Hong Kong 18.78 8,476 159,159.37 2.60
YTO EXPRESS GROUP CO LTD 600233 C1 Shanghai 17.35 9,000 156,150.00 2.56
CHINA MERCHANTS ENERGY 601872 C1 Shanghai 9.10 16,200 147,420.00 2.41
JD LOGISTICS INC 2618 HK Hong Kong 8.95 15,778 141,243.39 2.31
ZHEJIANG CHINA COMMODITIES 600415 C1 Shanghai 8.05 15,200 122,360.00 2.00
ORIENT OVERSEAS INTL LTD 316 HK Hong Kong 122.52 873 106,959.54 1.75
XIAMEN C & D INC 600153 C1 Shanghai 10.12 10,000 101,200.00 1.66
YUNDA HOLDING CO LTD 002120 C2 Shenzhen 9.34 8,000 74,720.00 1.22
GUANGZHOU BAIYUN INTERNATI 600004 C1 Shanghai 10.28 6,700 68,876.00 1.13
CHINA RAILWAY SPECIAL CARG 001213 C2 Shenzhen 4.21 13,900 58,519.00 0.96
SINOTRANS LIMITED 601598 C1 Shanghai 5.95 7,600 45,220.00 0.74
JIAYOU INTERNATIONAL LOGIS 603871 C1 Shanghai 28.46 1,500 42,690.00 0.70
JIANGSU EXPRESSWAY CO LTD 600377 C1 Shanghai 11.56 3,100 35,836.00 0.59
SHANDONG HI-SPEED CO LTD 600350 C1 Shanghai 8.68 4,100 35,588.00 0.58
GUANGDONG PROVINCIAL EXPR 000429 C2 Shenzhen 10.30 3,200 32,960.00 0.54
ANHUI EXPRESSWAY CO LTD 600012 C1 Shanghai 13.30 1,400 18,620.00 0.30
Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables.
20240523-.9414-0.94157769869512133.61

Tracking Difference / Error

Tracking Difference / Tracking Error

Tracking Difference
Tracking difference is the return difference between the Fund and the Underlying Index over a certain period of time.
Tracking Error
Tracking error measures how consistently the Fund follows the Underlying Index. It is the volatility (measured by standard deviation) of that return difference.

Tracking Difference (TD)

Fund Listing Date:23 Jul 2021

Rolling 1 Year TD:

TD for Calendar Year 2023:-0.61%

TD for Calendar Year 2022:-0.69%

Tracking Error (TE)

Fund Listing Date:23 Jul 2021

Rolling 1 Year TE^ :N/A%

^ Annualized based on the number of dealing days in the past year when daily TD is calculated.


Graph for Tracking Difference

ETFs performance is calculated on an NAV to NAV basis and assumes reinvestment of distribution.

Hover over the chart points for details

Market Makers 6

Flow Traders Hong Kong Limited

Mirae Asset Securities Co., Ltd.

Participating Dealers 7

ABN AMRO Clearing Hong Kong Limited

Barclays Bank PLC

BNP Paribas

China Galaxy International Securities (Hong Kong) Co., Limited

China Merchants Securities (HK) Co., Limited

Citigroup Global Markets Asia Limited

Goldman Sachs (Asia) Securities Limited

Haitong International Securities Company Limited

Mirae Asset Securities (HK) Limited

Valuable Capital Limited

Product Documents

Monthly Returns

Announcements / Notices

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