Hong Kong Exchanges and Clearing Limited (HKEX) today welcomed the launch of four exchange traded funds (ETFs) tracking three of its cross-market indices this month.

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.

The newly listed ETFs include:

The three cross-market benchmarks adopt a 60/40 weighting design, with approximately 60% 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.