Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) welcomed the launch of four exchange traded funds (ETFs) tracking three of its cross-market indices this month, marking an important milestone in the continued expansion of the Group’s index business and reinforcing its commitment to developing innovative products that support diversified investment opportunities for regional and international investors.
The newly-listed ETFs track the HKEX Bursa Malaysia Large Cap Index, the HKEX KRX Semiconductor Index, and the HKEX Tech & US Tech 100 Index. These are the first investment products based on the three benchmarks, launched earlier this year to strengthen connectivity between Hong Kong and key regional and international markets, with the first two indices introduced as part of co-branded partnerships with Bursa Malaysia Berhad (Bursa Malaysia) and Korea Exchange (KRX), respectively.
HKEX Chief Executive Officer, Bonnie Y Chan, said: “We are delighted to welcome the first ETFs tracking HKEX’s cross-market index series. Their launch marks an important step in our efforts to connect Hong Kong with international markets by working with exchanges and partners across Asia and beyond to broaden investor choice. By bringing together opportunities across different markets and sectors, these benchmarks respond to investors’ growing demand for diversification and reinforce Hong Kong’s role as a gateway connecting the Chinese Mainland with the rest of the world.”
Bursa Malaysia Chief Executive Officer, Dato’ Fad’l Mohamed, said: “We welcome the launch of Da Cheng International’s ETF tracking the HKEX Bursa Malaysia Large Cap Index, marking the first investment product based on the co-branded benchmark. Bringing together 30 leading listed companies each from Malaysia and Hong Kong, the index provides investors with a new pathway to access opportunities across both markets. This latest development also elevates the visibility of Malaysian companies among investors in Hong Kong and Mainland China and advances the broader collaboration between Bursa Malaysia and HKEX to strengthen regional market connectivity.”
Korea Exchange President of KRX Future Strategy Division, Buyeon Yi, said: “We are pleased to welcome the listing of ETFs tracking the HKEX KRX Semiconductor Index, the first co-branded index between KRX and HKEX. This milestone demonstrates how exchanges can combine their expertise in market operations and index development to foster cross-market collaboration and support investors’ regional asset allocation. By bringing together leading semiconductor-related companies listed in South Korea and Hong Kong, the index offers a new way to access Asia’s semiconductor ecosystem.”
The newly listed ETFs include:
|
Listing Date |
ETF |
Stock Code |
Issuer |
|---|---|---|---|
|
24 September |
Bosera HKEX KRX Semiconductor Index ETF |
3516 (HKD Counter) |
Bosera Asset Management (International) Co., Limited |
|
28 September |
Huatai-PCG HKEX KRX Semiconductor Index ETF |
3569 (HKD Counter) |
Huatai-PCG Asset Management Limited |
|
28 September |
GF HKEX Tech & US Tech 100 Index ETF |
3599 (HKD Counter) / 83599 (RMB Counter) / 41599 (USD Counter) |
GF International Investment Management Limited |
|
28 September |
Da Cheng Galaxy HKEX Bursa Malaysia Large Cap ETF |
3143 (HKD Counter) |
Da Cheng International Asset Management Company Limited |
Ms Chan added: “The growing number of products linked to HKEX-branded indices reflects the momentum of our index business. By expanding our suite of proprietary and co-branded benchmarks in different asset classes, we aim to spur product innovation, facilitate capital flows and create opportunities for issuers, asset managers and investors, supporting the development of a multi-asset ecosystem in Hong Kong.”
The three cross-market benchmarks adopt a 60/40 weighting design, with approximately 60 per cent allocated to Hong Kong-listed securities and 40 per cent to overseas securities. The design is intended to support the eligibility of ETFs tracking the indices for potential inclusion in Southbound Stock Connect. This supports portfolio diversification, cross-market capital flows and the development of innovative index-based products for investors in the Chinese Mainland and internationally.
About HKEX
Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code: 388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metal Exchange.
As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets.
HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.
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