In today’s briefing:
- Launching KRX CSI Joint EV & Semiconductor ETFs
- BillionBricks Closes US$2.45M Seed Round to Build Affordable Net-Zero Homes
Launching KRX CSI Joint EV & Semiconductor ETFs
- KRX listed ETFs tracking the KRX-CSI joint indexes: KODEX Korea China EV (450180), KODEX Korea China Semiconductor (450190), TIGER Synth Korea-China EV (449680), and TIGER Synth Korea-China Semiconductor (449690)
- From a trading perspective, whether these newly introduced ETFs will replace the existing EV ETFs would be a key thinking point.
- This means a shift in the fund size of more than 5 trillion won and will cause a significant price impact in terms of flow trading.
BillionBricks Closes US$2.45M Seed Round to Build Affordable Net-Zero Homes
- BillionBricks, a Singapore-based climate-tech startup combining clean energy and large-scale affordable housing, has closed a US$2.45 million seed funding round.
- SGX-listed Thakral Corporation led the round with participation from ENGIE, a global low-carbon energy and services company.
- BillionBricks was founded in 2013 as a non-profit by architect Prasoon Kumar and venture capitalist Anurag Srivastava to address the global climate and housing crises.
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