This has been partly aided by the ‘homecoming’ of Chinese tech firms opting for a secondary listing on the HKEX after listing in the US.”, APAC head of iShares Rimmo Jolly adds: “The launch of our iShares Hang Seng TECH ETF has prompted an encouraging response from wealth clients and asset managers. /Type /Catalog 2 0 obj /XObject << /Im10 16 0 R >> /Annots 6 0 R 1 0 obj ��J�I��G�8��X�$���-� �N��Y�� �3_T�+#�ƚviרb�7UqRq�i̅]Og|�P�{R���{\وndhӆ�bv^}s��s̤{����]i'gC��Y�x-6+NZ �3�i�w�_;�?��A\e�.��>����\�x�+�T��kE?�yw� �C��x�@�/J ^�;>Pr�uJ�NS *7�j%�O��7�>�4|���ι:�$m�u� /Resources << /Type /Page >> [(*�����lv2�Xvjs��R��G��Xk�i��2���.=�F�y�P�8�����'F�ɪbV�{�a�+�Zu$�+@��9/�: s�8s�]�8E��rwT�fo��~��OK���̕��w]Ҧek��)��pPɲsR��8�?.5����9�%n����G�6�E%|��2�8/���ߙ;��������\��U�P��ڽ���zEn!R!-g*$���ˁ). This has been led by technology firms, which account for 23% of the same index, compared with just 5% five years ago, while the technology sector now constitutes nearly half of the MSCI China Index. Risks related to companies with a technology theme The HS TECH ETF’s investments are concentrated in companies with a technology theme. �*Lm=�7�N� /AcroForm 1 0 R The iShares Hang Seng TECH ETF seeks to track the investment results of an index composed of 30 Hong Kong listed companies, in the technology sector or with tech-enabled businesses. The Hang Seng TECH Index aims to represent the performance of the 30 largest Hong Kong-listed companies that have high business exposure to five select technology themes: internet, fintech, cloud, e-commerce and digital. Also, China’s weight in the MSCI Asia ex-Japan Index has more than doubled over the last five years. x��[K�$� ����� �֫T%��=�c�� ��� ����"�H�T��k�=v��V�A���!��O���������O�J:�ϧ_�s�����������sR4?�Әh3����ay�d�� ��Qg��z���~�:%�(���`\i��)�s��ӹd${�_��E\�XO�_��V?o4i�f;!3n�$�dpU�E�>�`_G�`ϧH�s׳��e?�O��67`����4���Wy�[���y�,��"�ʜPƔ��ؐφ�" ���N�������V���%��ZБ�gC�o��!�>� ����C��M}P��� �{��b�Pg��X$^�j$.��:A�r^���E�|=�24f�1�U/�´�Y�tϔ R�� (��U Since 2017, the number of tech companies listed on the mainboard of the Hong Kong stock exchange has increased by 19%, and they now represent one-third of its total equity market capitalization. 4 0 obj /Pages 76 0 R The iShares Hang Seng TECH ETF (HKD/USD Ticker: 3067 / 9067) will list on the Hong Kong stock exchange on September 17 2020. E(��l��du��QP��X�0�dS�q?�ꇕ�8�b8^�j~Ĩ� i��k����.vIQ`A�nd�Un"=9w�pX�7B��E�S�(��H0��|0�gY���$z���i��e���V���U� ��˻���)ZX%�C V��Y�DS]��o����?����[kv�9�t���*98^��wi �7�� BlackRock is fully committed to developing ETF markets in the region. /DR 74 0 R Many of the companies with a high business exposure to a technology theme have a With an estimated total expense ratio of only 0.25%, the fund offers the most cost-efficient Hang Seng TECH Index exposure, with the option of US and Hong Kong dollar trading counters, BlackRock said in a statement. BlackRock is launching a new exchange traded fund to track the Hang Seng TECH Index, expanding its iShares product offering in Hong Kong to meet increasing investor demand for exposure to technology companies. Net Assets as of 09-Nov-2020 HKD 242,540,534 /Fields [] Performance charts for iShares Hang Seng TECH ETF (9067 - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines. Science and technology innovation industries are likely to become the new drivers of China’s economic growth, while investor demand for tech exposure has been growing steadily over the years, the investment firm notes. Skip to content. Says Susan Chan, head of Asia at BlackRock: “Relaxation of the Hong Kong Stock Exchange rules to facilitate secondary listings has led to an influx of Chinese ‘new economy’ stock listings. >> 3 0 obj ��W���-�����iU������b\ }��i�Q��_�}��"*٬! /Font << /F15 26 0 R /F14 18 0 R /F9 8 0 R >> 1 As per classification in one of the following industries in the Hang Seng Industry Classification System including Industrials, Consumer Discretionary, Healthcare, Financials and Information Technology. << /MediaBox [0 0 595.25 841.9] The iShares Core Hang Seng Index ETF seeks to track the investment results of an index composed of Hong Kong equities. Source: Hang Seng Indexes; data as of 27 July 2020. << endobj iShares Hang Seng TECHETF 4 4. Key Facts. The iShares Hang Seng TECH ETF (HKD/USD Ticker: 3067 / 9067) will list on the Hong Kong stock exchange on September 17 2020. %PDF-1.3 >> And we will continue to expand our local iShares product offerings to offer investors an even more diversified range of ETFs, previously unavailable at local level.”, BlackRock to list ETF tracking Hang Seng tech index, New iShares product offering aims to meet growing demand for exposure to China ‘New Economy’, China cracks the whip on platform industry, Pandemic fast-tracks digital banking transformation, Jack Ma: We must do away with pawnshop mentality, Neobanks poised for rapid growth in the Philippines, The Asset Private Capital Awards: Navigating through market turbulence, Indexed investment - A new perspective on investing in China's bond market. Key Facts. /Contents [4 0 R]
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