Hong Kong Exchanges and Clearing will soon launch exchange-traded funds tracking the HKEX Tech 100 Index, Managing Director Gregory Yu said at the HKEX Future Tech Summit. The index's first constituent adjustment, including three stocks added under a fast-entry mechanism, takes effect after the market close on June 12. Yu also outlined plans for leveraged and inverse ETFs and callable bull/bear contracts tied to the index.
Hong Kong Exchanges and Clearing will soon list ETF products tracking the HKEX Tech 100 Index, Managing Director Gregory Yu said at the HKEX Future Tech Summit on June 11.
"We look forward to developing more index-related products in the future, such as leveraged and inverse ETFs, callable bull/bear contracts, to provide the market with more flexible allocation options," Yu, who is also head of markets at HKEX, said.
The index, launched at the end of 2025, will see its first constituent adjustment after the market close on June 12, including three stocks that qualify under the fast-entry mechanism. The tech sector's weighting in Hong Kong's equity market has risen to 44 percent from 15 percent over the past decade, while its turnover grew more than sevenfold, HKEX Chief Executive Bonnie Chan Yi-ting said at the same event.
The ETF rollout deepens HKEX's product ecosystem around the Tech 100 Index, which tracks the city's largest technology companies by market capitalization. The bourse's average daily turnover reached HK$275 billion in the first five months of 2026, advancing to HK$293 billion in May, as IPO proceeds totaled HK$150 billion in the period.
The fast-entry rule allows stocks to be added between scheduled rebalance dates if they meet market-capitalization and liquidity thresholds. The first adjustment reflects the index's growing relevance as Hong Kong transforms from a traditional economy financing platform to a technology-driven market, Chan said.
From January to May, equity capital market fundraising in Hong Kong exceeded HK$40 billion, Chan said. The healthcare sector's share of the market rose to 7 percent from 3 percent over the past decade, with turnover expanding more than sixfold.
CATL (3750.HK) Co-Chairman Pan Jian, speaking at the same summit, said the battery maker's H-shares have traded at a 25 percent to 45 percent premium over A-shares since its listing last year. The company expects 200 percent to over 300 percent growth over the next five years, requiring significant funding that Hong Kong's rapid placement channel supports, he said.
This article is for informational purposes only and does not constitute investment advice.
