Since July 22, the range of ETFs that can be invested under the Shanghai-Shenzhen-Hong Kong Stock Connect has been expanded again. Six new ETFs have been added to Hong Kong Stock Connect, and the number of eligible ETFs under Hong Kong Stock Connect has increased to 16.
The Zhitong Finance App learned that starting today (July 22), the range of ETFs that can be invested under the Shanghai-Shenzhen-Hong Kong Stock Connect has been expanded again. Six new ETFs have been added to Hong Kong Stock Connect, and the number of eligible ETFs under Hong Kong Stock Connect has increased to 16, each from 7 ETF issuers. The underlying indices include the MSCI China Index, Hang Seng Hong Kong Listed Biotech Index, Hang Seng Index, Hang Seng Technology Index, China Securities Hong Kong 100 Index, etc.
Industry insiders pointed out that among them, the China Ping An CSI Hong Kong high-yield ETF is particularly noteworthy. According to reports, this ETF was established in 2012 and is currently the longest listed high-dividend-themed ETF in Hong Kong Stock Connect. As of the end of June 2024, the ETF's total return since this year was 29.53%, paying interest every six months, and the payout rate for the past year was as high as 6.94%.
The following is an overview of the 16 Hong Kong Stock Connect ETFs:
The 6 new ETFs included this time:
1. iShares Core MSCI China ETF (02801)
Listed year: 2001
Tracking Index: MSCI China Index
Manager: BlackRock Asset Management North Asia Ltd.
Tracking index features: The constituent stocks of the MSCI China Index include H shares, red chips, and private enterprise stocks listed on the Hong Kong Lianyi Stock Exchange, A shares and B shares listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange, and foreign listed companies. The MSCI China Index invests in highly liquid listed companies in China, including finance, energy, telecommunications, information technology, industry, consumer goods, non-daily consumer goods, raw materials, utilities, and healthcare. As of March 31, 2024, the relevant index had 704 constituent stocks.
2. Peugeot China Securities Hong Kong 100 Index Fund (02825)
Listed year: 2008
Tracking Index: Peugeot China Securities Hong Kong 100 Index Fund
Manager: BOC International UK Prudential Asset Management Limited
Tracking Index Features: The China Securities Hong Kong 100 Index selects the largest 100 securities from the Hong Kong market as an index sample to reflect the overall performance of Hong Kong listed securities.
3. Global X MSCI China ETF (03040)
Listed year: 2013
Tracking Index: MSCI China Index
Manager: Future Asset Global Investments (Hong Kong) Limited
Tracking Index Features: The constituent stocks of the MSCI China Index include H shares, red chips and private enterprise shares listed on the Hong Kong Stock Exchange, A shares and B shares listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange, and foreign listed companies. The MSCI China Index invests in highly liquid listed companies in China, including finance, energy, telecommunications, information technology, industry, consumer goods, non-daily consumer goods, raw materials, utilities, and healthcare. As of March 31, 2024, the relevant index had 704 constituent stocks.
4. Huaxia Hang Seng Hong Kong Biotech Index ETF (03069)
Listing year: 2021
Tracking Index: Hang Seng Hong Kong Listed Biotechnology Index
Manager: Huaxia Fund (Hong Kong) Co., Ltd.
Tracking Index Features: The Hang Seng Hong Kong Listed Biotech Index selected biotechnology, pharmaceutical and healthcare equipment listed companies in the Hang Seng Industry Classification, reflecting the overall performance of the 50 largest biotech companies listed in Hong Kong.
5. Ping An CSI Hong Kong High Yield ETF (03070)
Listed year: 2012
Tracking Index: China Securities Hong Kong Dividend Index
Manager: China Ping An Asset Management (Hong Kong) Co., Ltd.
Characteristics of the tracking index: The China Securities Hong Kong Dividend Index consists of 30 stocks with high cash dividend rates, relatively stable dividends, and certain liquidity among securities listed on the Hong Kong Stock Exchange to reflect the overall performance of high-yield stocks in the Hong Kong market. The constituent stocks of the relevant index are composed of 30 companies in the real estate, finance, and energy industries.
6. iShares Core Hang Seng Index ETF (03115)
Listed year: 2016
Tracking Index: Hang Seng Index (net total return version)
Manager: BlackRock Asset Management North Asia Ltd.
Characteristics of the tracking index: The Hang Seng Index consists of representative companies listed on the Hong Kong Stock Exchange. Their shares generally have high market capitalization and high liquidity, reflecting the overall performance of the Hong Kong stock market. As of the end of June 2024, the index included a total of 82 constituent stocks.
Other eligible ETFs under Hong Kong Stock Connect:
7. Yingfu Fund (02800)
Listed year: 1999
Tracking Index: Hang Seng Index
Manager: Hang Seng Investment Management Limited
Characteristics of the tracking index: The Hang Seng Index consists of representative companies listed on the Hong Kong Stock Exchange. Their shares generally have high market capitalization and high liquidity, reflecting the overall performance of the Hong Kong stock market. As of the end of June 2024, the index included a total of 82 constituent stocks.
8. Southern Dongying Hang Seng Technology Index ETF (03033)
Year of listing: 2020
Tracking Index: Hang Seng Technology Index
Manager: Southern Dongying Asset Management Co., Ltd.
Tracking Index Features: The Hang Seng Technology Index is a market capitalization-weighted index adjusted for free circulation, and focuses on tracking the performance of technology industry companies listed in Hong Kong. The index includes 30 of the largest technology companies listed on the Hong Kong Stock Exchange.
9. Hang Seng China Enterprises Index Listed Fund (02828)
Listed year: 2003
Tracking Index: Hang Seng China Enterprises Index
Manager: Hang Seng Investment Management Limited
Tracking Index Features: The Hang Seng China Enterprises Index reflects the overall performance of mainland companies listed in Hong Kong. The index consists of 50 constituent stocks.
10. iShares Asus Hang Seng Technology ETF (03067)
Year of listing: 2020
Tracking Index: Hang Seng Technology Index
Manager: BlackRock Asset Management North Asia Ltd.
Tracking Index Features: See above
11. Huaxia Hang Index ESG ETF (03403)
Listing year: 2022
Tracking Index: Hang Seng Index ESG Enhancement Index
Manager: Huaxia Fund (Hong Kong) Co., Ltd.
Tracking Index Features: The Hang Seng Index ESG Enhanced Index excludes some stocks from the Hang Seng Index constituent stocks according to ESG standards to enhance the index's ESG performance. The exclusion of constituent stocks is based on three aspects — ESG risk ratings, contentious business participation, and the UN Global Enterprise Score. As of the end of June 2024, the index included 70 constituent stocks.
12. Global X Hang Seng Technology ETF (02837)
Listing year: 2023
Tracking Index: Hang Seng Technology Index
Manager: Future Asset Global Investments (Hong Kong) Limited
Tracking Index Features: See above
13. Hang Seng Tech Index ETF (03032)
Year of listing: 2020
Tracking Index: Hang Seng Technology Index
Manager: Hang Seng Investment Management Limited
Tracking Index Features: See above
14. Global X Hang Seng High Dividend Yield ETF (03110)
Listed year: 2013
Tracking Index: Hang Seng High Dividend Yield Index
Manager: Future Asset Global Investments (Hong Kong) Limited
Tracking Index Features: The Hang Seng High Dividend Ratio Index reflects the overall performance of high-yield securities listed in Hong Kong. The scope of stock selection is stocks and REITs listed on the Hong Kong Stock Exchange, excluding second-listed stocks, preferred stocks, debt securities, mutual funds and other derivatives. The index includes 50 constituent stocks.
15. Huaxia Hang Seng Technology Index ETF (03088)
Year of listing: 2020
Tracking Index: Hang Seng Technology Index
Manager: Huaxia Fund (Hong Kong) Co., Ltd.
Tracking Index Features: See above
16. Southern East England Hang Seng Index ETF (03037)
Listing year: 2021
Tracking Index: Hang Seng Index
Manager: Southern Dongying Asset Management Co., Ltd.
Tracking Index Features: See above