精選觀點 & Webinar
The COVID-19 pandemic has slowed down productivity and daily lives, stagnated the global supply chain, and affected financial market returns across almost all asset classes. In the first quarter of 2020, all markets around the world reported negative returns with varying degrees. While it seems that all is going the same direction, especially in the equities’ world, the fundamental risk factors were not. Among the fundamental factors we employ for China A shares, some has performed better than others amidst the market drawdown.
Apr 28, 2020
Premia CSI Caixin China New Economy ETF performed well and went up by 3% in a down market. In this article, we would like to share with you the reasons behind the strong performance and the comparison of this strategy with the other mainstream indexes that investors usually track in respect to performance attribution, sector allocation, niche thematic exposure and top drivers.
Apr 24, 2020
疫情衝擊下，中國推出40萬億人民幣的「新基建」計劃振興當前經濟，「#新基建」因而頻頻炒上熱搜榜，點燃市場廣泛關注及業界討論。「新基建」到底為何？「新基建」概念股又該從何下手？
Apr 17, 2020
The market performance of gold in the midst of the COVID-19 crisis has left its fans a little puzzled. From a peak of USD 1703 on 9 March, it retreated to USD 1451 on 16 March - a 15% decline. Should one hold gold now, or rather park in cash tools? Our senior advisor Say Boon Lim demystifies in this piece.
Apr 14, 2020
As global asset prices have slumped on the back of the COVID-19 outbreak, concerns have arisen from supply chain disruptions to about global recession and a liquidity crisis. In this webinar, David Lai and Larry Kwok would discuss the lessons learned from the GFC, share our observations of some pandemic-led trends and implications, and suggest a few related investment ideas.
Apr 13, 2020
The COVID-19 outbreak has led to a worldwide pandemic, a global slowdown, arguably a recession and hopefully not a depression. Business activities globally have been halted due to the outbreak and demand has been shrinking significantly as well. Apart from some of the Asian countries including China, we have yet seen an inflection point of the case curves in most countries. In this article, we’d like to share some notable leading Chinese players in the space that have been working hard to fight against the virus for the domestic and global community.
Apr 03, 2020
The virous outbreak becomes one of the largest threats to the global economy and financial markets in decades. Will China, the one which has been suffered from the pandemic first, be able to bounce back first and lead the recovery worldwide like the Global Financial Crisis back in 2008? The latest call in new infrastructure investment maybe the key.
Mar 20, 2020
COVID-19 spread accelerating in the US, even as the number of new infections in China eases Impact will be significant on the largely consumer-driven US economy Markets are either in or on the brink of bear territory, and this is an angry bear Recession likely already in progress in Japan; possible recession in Europe; near zero GDP growth likely in the US by 2Q20 Corporate credit protection costs have started rising – more trouble ahead Seek safety in cash and US Treasury-related instruments
Mar 10, 2020
The coronavirus situation in China seems to have improved a lot, and now many are worried about what will happen as the factories get back on their feet. How's the progress so far?
Mar 10, 2020
客戶時常和我們反映，他們非常喜歡Premia旗下的亞洲策略，不過由於ETF的流動性不高，因此僅能尋求一些美國或歐洲上市的類似的ETF。不過，其實投資者真正在意的並不是流動性本身，而是流動性成本。流動性和成本息息相關——流動性愈低，交易進出的成本就愈高，特別是在金融危機或市場失衡時期，其流動性可能跌至零。目前仍有許多投資者選擇在美國或歐洲交易亞洲資產，認為這樣的交易方式較為高效且便宜，不過這可能並不是一個明智的選擇。在這次的網路研討會中，我們將與您分享對於評估ETF流動性的觀點，並分別以在紐約、倫敦和香港上市的ETF，比較投資越南市場的優劣。
Mar 10, 2020
Premia 圖說
賴子健 , CFA
CFA
Chinese equities got off to a strong start in 2026, led by the STAR Market. Since onshore trading resumed, the STAR50 Index has risen 9.9% in dollar return, outperforming CSI300’s 2.9% and offshore Hang Seng Tech’s 3%. This extends the strong momentum seen in 2025, when the STAR50 delivered a dollar return of 42.6%, well ahead of CSI300’s 26.3% and Hang Seng Tech’s 24.5%. Policy signals remain supportive. In his New Year’s Eve address, President Xi highlighted China’s progress in artificial intelligence and semiconductors, reinforcing innovation as a core pillar of high-quality economic development. Advances in humanoid robotics, drones, aerospace, and defence were cited as key examples. At the corporate level, the China Integrated Circuit Industry Investment Fund (“Big Fund”) increased its stake in SMIC, the largest constituent of the STAR50 Index, from 4.79% to 9.25%, showing state support for advanced-node capabilities. Among the outperforming stocks, Guobo Electronics rose close to 40% over the past five trading days, following reports that China aims to scale up to 100 rocket launches annually by 2030. As a leading supplier of RF chips and T/R modules, Guobo is a major beneficiary of rising demand for satellite and launch-vehicle communications. AMEC shares also surged after announcing the acquisition of a 64.7% stake in Hangzhou Zhongsilicon, expanding its offering from dry processes into chemical mechanical polishing. Meanwhile, VeriSilicon Microelectronics reported a 130% year-on-year increase in new orders last quarter, driven by accelerating AI chip demand. Against this backdrop, the Premia China STAR50 ETF allows investors to align portfolios with China’s strategic push in advanced technology and innovation through the STAR Market.
Jan 12, 2026
