Covering Disruptive Technology Powering Business in The Digital Age

Samsung Asset Management has announced the launch of Samsung Asia Pacific ex NZ Metaverse Theme ETF (stock code: 3172.HK), the first APAC Metaverse theme active ETF in Hong Kong. The listing date will be on the 7th of July 2022, on the Stock Exchange of Hong Kong (SEHK). The ETF sets the listing price at HKD $15, with a board lot size of 50 units. The price per lot is at around HKD $750.

Metaverse enhances the Internet experience. It simply refers to a virtual space created with the new internet using 3D technologies to imitate, simulate or enhance physical reality by technologies—that is, Virtual Reality, blockchain and Augmented Reality. It also enables synchronous interactions with extensive volume of digital data transactions and information sharing, thus facilitating increased interconnectedness between physical and digital activities.

The Metaverse market may reach USD $783.3 Billion in 2024 with a CAGR of 13.1% since 2020. Enterprises in China, Korea and Japan have spearheaded the adoption of Metaverse as part of their business development, thus showing the huge potential on the growth of Metaverse business in Asia Pacific region. As Metaverse business is in a vast and rapid developing stage, 3172.HK, as an actively managed portfolio, can grasp the investment opportunity in a “time to market” manner.

Carmen Cheung, Head of ETF and Passive Investment, said “Metaverse is a disruptive technology that will revolutionise how we interact on the internet, enhancing our experience on lifestyle, work, education, socialisation, virtual travel and even real estate through three-dimensional avatars that can be controlled by a VR related device. 3172.HK ETF brings investors a diversified portfolio to invest Metaverse related business across Asia Pacific Equities.

Samsung Asset Management (Hong Kong) Limited is principally engaged in asset management and securities investment advisory services in Hong Kong. It holds licences from the SFC to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities.

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