ChinaAMC HSI ESG ETF (03403.HK) Rises 0.93% to HK$51.860

NewTimeSpace News, according to the latest data from the HKEX, as of 10:36 on May 29, the ChinaAMC HSI ESG ETF (03403.HK) gained 0.93% to trade at HK$51.860. The intraday high was HK$51.840 and the low was HK$51.840, with an average price of HK$51.800. The total AUM stands at approximately HK$10.144 billion, with the latest Net Asset Value (NAV) per unit at HK$51.492, representing a discount of -0.22%.

The ChinaAMC HSI ESG ETF (03403.HK) tracks the Hang Seng Index ESG Enhanced Index, an innovative benchmark that integrates Environmental, Social, and Governance (ESG) factors into a traditional framework. It aims to provide investors with a Hong Kong stock allocation strategy that balances sustainable development with financial performance.

Using the Hang Seng Index (HSI) as its parent universe, the index excludes companies involved in controversial weapons, tobacco, thermal coal, and other activities that fail to meet ESG standards. It then redistributes constituent weights based on Sustainalytics' ESG Risk Ratings—employing a mechanism that overweights low-risk companies and underweights high-risk ones. This approach maintains a high correlation with the broader market (low tracking error) while significantly enhancing the overall ESG profile of the portfolio. As a "green upgraded version" of core Hong Kong assets, it serves as a vital tool for investors practicing Responsible Investment, mitigating potential governance risks, and pursuing long-term stable returns.

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