CMS Hang Seng TECH Index ETF (03423.HK) Drops 1.09% to HK$9.060

NewTimeSpace News, as of9:40onMay 8, the CMS Hang Seng TECH Index ETF (03423.HK)declined 1.09%, trading at HK$9.060. The intraday high reached HK$9.160and the low was HK$9.045, with an average price of HK$9.110. The latest Net Asset Value (NAV) per unit stands at HK$9.110, representing a premium of-0.04%. The turnover rate is 0.03%, and the total AUM is approximately HK$505million.

The CMS Hang Seng TECH Index ETF (03423.HK) tracks the Hang Seng TECH Index, which covers China's leading internet giants and technology pioneers. The index concentrates core assets representing the transition of the Chinese economy from traditional drivers to digital drivers. Characterized by high R&D investment, these constituents possess strong Beta (market sensitivity) attributes.

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