E Fund's HKEX Tech 100 ETF (03456) Debuts Today; CEO Chen Yiting Hails Major Index Business Milestone

Stock News
06/26

The first ETF tracking the "Hong Kong Exchanges Tech 100 Index" commenced trading on June 26, an event welcomed by Hong Kong Exchanges and Clearing Limited (00388). The E Fund HKEX Tech 100 Index ETF (03456) is not only the market's first investment product tracking a self-developed stock index from HKEX but also coincides with the exchange's 26th listing anniversary, marking a significant milestone for its index business development.

Hong Kong Exchanges and Clearing Limited Group Chief Executive Officer Chen Yiting stated that issuer E Fund Hong Kong has launched the first ETF tracking a Hong Kong Exchanges index. This product combines Hong Kong's representative technology benchmark index, helping investors diversify their investment allocations while capturing growth opportunities from Hong Kong-listed technology companies. It also signifies an important milestone for HKEX's index business. Moving forward, HKEX will continue to drive innovation and develop products that meet market needs, supporting the diverse investment demands of global investors.

E Fund Management Chairman Liu Xiaoyan noted that the firm is deeply honored to be the first institution to launch an ETF for this index. This step is not only a significant move in product innovation but also a key practice in deepening the company's internationalization strategy by leveraging Hong Kong's role as a "super-connector." The hope is that this will open an efficient window for global investors to invest in the future of Chinese technology.

It is understood that the HKEX Tech 100 is a broad-based index specifically tracking the performance of the 100 largest technology companies by market capitalization listed in Hong Kong. All constituents are eligible for the Stock Connect program and span multiple innovative and new-economy sectors. The index aims to address the market's growing demand for diversified investment allocations within the technology industry.

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