CSOP Hang Seng Biotech ETF (03174.HK) rose 1.43% to HKD 3.554

Newtimespace News, as of 11:43 on May 7, CSOP Hang Seng Biotech ETF (03174.HK) was quoted at HKD 3.554, up 1.43%. The ETF opened at HKD 3.506, with a high of HKD 3.596 and a low of HKD 3.506. The latest trading volume was 1.1883 million units, with a turnover of HKD 4.2422 million, and a turnover rate of 0.47%. The latest NAV per unit is HKD 3.505, with a premium rate of -0.03%. The asset size is approximately HKD 890 million, and the total issuance is 254 million units.

CSOP Hang Seng Biotech ETF (03174.HK) tracks the Hang Seng Biotech Index, which is compiled and published by Hang Seng Indexes Company Limited. The index aims to track the overall performance of the 30 largest biotech companies by market capitalization that are listed in Hong Kong and eligible for Southbound Stock Connect trading. Its constituents cover four major business sub-categories: pharmaceuticals, biotechnology, pharmaceutical distribution, and medical equipment & supplies, focusing on core biotech fields such as innovative drugs, CXO, and medical devices. The index provides investors with a high-purity tool for concentrated investment in Hong Kong-listed leading biotech companies and capturing the development trends of pharmaceutical innovation.

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