Hong Kong Exchanges and Clearing Limited (HKEX) today welcomed the listing of the first exchange traded fund (ETF) to track the HKEX Tech 100 Index, launched by E Fund Management (Hong Kong) Co Limited (E Fund HK).

The E Fund (HK) HKEX Tech 100 Index ETF is the first investment product based on an HKEX-branded equity index, marking an important milestone as the Group builds its index business to facilitate investor access to capital markets.

The HKEX Tech 100 is a broad-based index tracking the performance of the 100 largest technology related companies by market capitalisation listed in Hong Kong, spanning a range of innovative and new economy sectors. The index comprises stocks eligible for Southbound trading under Stock Connect and is designed to address the growing market demand for diversified exposure to the technology sector.

HKEX Chief Executive Officer Bonnie Y Chan said:

“We are delighted to celebrate the listing of the first ETF based on an HKEX branded index. This ETF – launched by E Fund HK – combines a representative Hong Kong technology benchmark with a widely accessible investment vehicle, supporting investors in diversifying their portfolios and accessing the growth opportunities offered by Hong Kong listed technology companies. This listing also marks a milestone for HKEX’s index business and underscores our commitment to continuously developing new and relevant products to better serve the evolving needs of global investors.”

Chairperson of E Fund Management Co Ltd Liu Xiaoyan stated:

“As the first institution to launch an E Fund (HK) HKEX Tech100 Index ETF (3456) tracking the HKEX Tech 100 Index, E Fund is deeply honored. This is not only an important step in product innovation, but also a key practice in leveraging Hong Kong’s ‘super connector’ advantage to deepen our internationalization strategy. The index brings together 100 of the high-potential technology companies in the Hong Kong market, and we hope to open an efficient gateway for global investors to participate in the future of China’s technology sector. Looking ahead, we will continue to drive further product innovation, actively serve the diversified asset allocation needs of global investors, and contribute to the continued prosperity and openness of Hong Kong’s financial market.”

More recently, HKEX has also launched the HKEX Bursa Malaysia Large Cap Index, the HKEX KRX Semiconductor Index and the HKEX Tech & US Tech 100 Index, to further strengthen market connectivity across Asia and beyond. HKEX will continue to work closely with asset managers, index users and market participants to enrich its index ecosystem and support the development of innovative index based products, reinforcing Hong Kong’s position as an international financial centre and a key gateway connecting the Chinese Mainland and global markets.