A new exchange-traded fund providing targeted exposure to Hong Kong's leading technology and innovation companies has commenced trading.
The E Fund Hong Kong Exchange Tech 100 ETF (03456) listed on the Hong Kong Stock Exchange, offering investors a transparent, liquid, and Hong Kong dollar-denominated vehicle.
This product is the first to track the Hong Kong Exchange Tech 100 Index, which selects 100 constituent stocks spanning six key high-growth sectors: artificial intelligence, biotechnology and pharmaceuticals, electric vehicles and autonomous driving, information technology, internet services, and robotics.
The ETF launched with an initial offering price of HK$7.80 per unit, with a board lot size of 100 units, setting an approximate entry point of HK$780 per lot.
The underlying Hong Kong Exchange Tech 100 Index itself represents a significant benchmark, being the first index launched by the exchange focused on Hong Kong-listed companies.
The listing of this ETF marks a key milestone for the exchange's index business, combining a representative technology benchmark with a widely adopted investment tool to help investors diversify their portfolios and capture the long-term growth potential of Hong Kong's listed technology sector.