Hong Kong Stock Chip Industry Surges: SMIC and HUA HONG SEMI Rise Over 5%! Hong Kong IT ETF (159131) Set for Listing as Benchmark Index Gains 2%

Deep News
Nov 06

On November 6, the semiconductor sector in both A-shares and H-shares saw strong momentum, with the Hong Kong chip industry chain performing particularly well. The benchmark index of Hong Kong IT ETF (159131), the first ETF focusing on the "Hong Kong chip" industry chain, rose over 2% intraday. Among its constituents, Lens Technology surged more than 6%, while SMIC and HUA HONG SEMI gained over 5%. Other stocks, including Hong Teng Precision, TravelSky Technology, 9F Intelligent, and Innoscience, also climbed more than 4%.

Hong Kong IT ETF (159131) recently concluded its fundraising and is now established, preparing for listing. As the first ETF tracking the Hong Kong Stock Connect Information Technology Composite Index (C), it supports T+0 trading and serves as a highly scarce investment vehicle for the Hong Kong semiconductor industry.

The ETF’s benchmark index comprises 70% hardware and 30% software, heavily weighted toward Hong Kong-listed semiconductor, electronics, and computer software firms. It covers 41 hard-tech companies, with SMIC accounting for 19% of the index, Xiaomi Group-W at 10.28%, and HUA HONG SEMI at 5.11%. Notably, the index excludes large-cap internet stocks like Alibaba, Tencent, and Meituan, offering sharper exposure to Hong Kong’s AI and hard-tech trends.

Recent market volatility may lead to significant fluctuations, and short-term performance does not indicate future results. Investors are advised to assess their financial situation and risk tolerance carefully, emphasizing position management and risk control.

Risk Disclosure: The ETF passively tracks the CSI Hong Kong Stock Connect Information Technology Composite Index (base date: November 14, 2014; launch date: June 23, 2017). Constituent stocks are for illustrative purposes only and do not represent investment recommendations or fund holdings. The product is issued and managed by Huabao Fund, with sales agents bearing no responsibility for investment performance or risk management. Investors should review fund documents, understand risk-return characteristics, and choose products matching their risk profile. Past performance does not guarantee future results. The fund is rated R4 (medium-high risk), suitable for aggressive (C4) or higher-risk investors. Regulatory approval does not imply endorsement of the fund’s value or prospects.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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