E Fund HK lists first ETF tracking HKEX Tech 100 Index
E Fund Management (Hong Kong) Company Limited listed the E Fund (HK) HKEX Tech 100 Index ETF (Stock Code: 3456) on HKEX, marking the first ETF to track the HKEX Tech 100 Index. The ETF offers exposure to six technology sectors with an initial offering price of HKD 7.80 per unit. The listing ceremony was attended by HKEX CEO Bonnie Y. Chan and E Fund Chairperson Liu Xiaoyan.
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E Fund Management (Hong Kong) Company Limited announced the official listing and commencement of trading of the E Fund (HK) HKEX Tech 100 Index ETF (Stock Code: 3456) on the Hong Kong Exchanges and Clearing Limited. As the first product tracking the HKEX Tech 100 Index, this ETF offers investors a transparent and liquid instrument tradable in Hong Kong dollars, providing comprehensive exposure to the long-term growth opportunities of technology and innovation companies listed in Hong Kong.
The HKEX Tech 100 Index comprises 100 selected constituent stocks that comprehensively cover six frontier sectors: Artificial Intelligence, Biotech & Pharmaceutical, Electric Vehicles & Smart Driving, Information Technology, Internet, and Robotics. The index launched on 9 December 2025, with a base date of 31 December 2020 and a base level of 10,000. It adopts free-float adjusted market capitalisation weighting, with an individual security cap of 12%, and features semi-annual reviews and a fast entry mechanism.
The ETF is denominated and traded in Hong Kong dollars, with an initial offering price of HKD 7.80 per unit and a board lot size of 100 units. The listing ceremony was held at the HKEX Connect Hall, attended by industry leaders including Ms. Bonnie Y. Chan, Chief Executive Officer of HKEX, and Ms. Liu Xiaoyan, Chairperson of E Fund Management Co., Ltd.
Ms. Bonnie Y. Chan stated that the listing marks a milestone for HKEX's index business, combining a representative Hong Kong technology benchmark with a widely accessible investment vehicle. Liu Xiaoyan emphasized that the ETF is an important step in product innovation and a key practice in leveraging Hong Kong's 'super connector' advantage to deepen internationalization strategy.
The Sub-Fund is a passively-managed ETF falling within Chapter 8.6 of the Code on Unit Trusts and Mutual Funds issued by the Securities and Futures Commission. Its investment objective is to provide investment results that, before fees and expenses, closely correspond to the performance of the HKEX Tech 100 Net Total Return Index. The Manager may use either a full replication strategy or a representative sampling strategy to achieve this objective.
| Key Details | Information |
|---|---|
| ETF Name | E Fund (HK) HKEX Tech 100 Index ETF |
| Stock Code | 3456 |
| Initial Offering Price | HKD 7.80 per unit |
| Board Lot Size | 100 units |
| Index Tracked | HKEX Tech 100 Net Total Return Index |
| Base Date of Index | 31 December 2020 |
| Base Level of Index | 10,000 |
| Sectors Covered | AI, Biotech & Pharma, EV & Smart Driving, IT, Internet, Robotics |
How will the launch of this ETF influence the liquidity and trading volumes of the underlying constituent stocks within the HKEX Tech 100 Index?
What is the expected asset under management (AUM) target for the first year, and what factors will drive institutional adoption of this new fund?
Given the 12% individual security cap, how might the index's performance diverge from other major tech benchmarks that lack such concentration limits?























