What are your thoughts for OCBC Lion-Securities Hang Seng Tech ETF? Is it still worth to invest?

I personally invested in Lion-OCBC HS Tech ETF (HST) as I believe in China tech companies in the long term. These companies had evolved from copy cats to innovators, and there are plenty of room to grow in the digital domain.

I chose HST over 3067 even though HST has higher TER, because BlackRock had announced no new purchase of US sanctioned China stocks, inevitably affecting its tracking of China tech companies.

Not financial advice, but I would say, most emerging markets (China included) tend to be much more reasonably valued than US equity (no hate to US stocks haha I'm still largely US anyways).

The Hang Seng Tech index is pretty much still trading quite close to its lows. But take a look at the financials of some of their top holdings. Alibaba, Tencent, JD, Xiaomi. These are quality companies, and individually, I would say their own stocks are arguably trading at attractive valuations (some at least).

That being said, political and regulatory risks still hang over these companies and is probably contributory to their supressed valuations. So as a result, it might take a while for the value of these companies to "unlock".

But all in all, I do think that Chinese equity is a good addition to ones portfolio, especially for those looking to diversify from US assets.