Hang Seng TECH Index ETF (03032.HK) Rises 0.10% Intraday as Index Overhaul Nears Effect; CATL Seen as Largest New Entrant

NewTimeSpace News: As of 10:17 on October 12, the Hang Seng TECH Index ETF (03032.HK) rose 0.10% to a latest price of HK$4.186. The ETF has traded 23.9704 million shares so far today for a turnover of HK$101 million at an average price of HK$4.207, with a turnover rate of 1.95%. It is up 0.10% so far this week. Its current net asset value per unit is HK$4.1968, and its assets under management stand at HK$5.168 billion.

(Note on scope: the net asset value per unit and assets under management are as of October 9, 2026; the week-to-date change is measured against the closing price of HK$4.182 on October 9.)

On the news front, the revision of the Hang Seng TECH Index's compilation methodology is moving into implementation. According to a CITIC Securities research note published on October 12, the revision announced by Hang Seng Indexes Company on October 7 will be applied in the index review for the period ended September 30, with the review results due on November 20 and the constituent changes effective from December 7; the number of constituents will rise to 50 from 30, with the first 40 selected by market capitalisation and the remaining 10 by revenue growth over the past 12 months, and CATL is expected to become the largest new constituent by weight, with attention warranted to the liquidity impact on individual stocks from passive rebalancing.

Hang Seng TECH Index ETF (03032.HK) closely tracks the Hang Seng TECH Index. The index represents the 30 largest Hong Kong-listed companies with high business exposure to technology themes; constituents must be classified under Industrials, Consumer Discretionary, Healthcare, Financials or Information Technology and be highly exposed to at least one of the Internet (including mobile), FinTech, Cloud, E-commerce, Digital or Autonomous themes. The index is freefloat-adjusted market-capitalisation weighted with an 8% cap on individual constituents and is reviewed quarterly. The fund mainly adopts a full replication strategy, investing in substantially all index constituents in broadly the same proportions as the index.

Guosen Securities believes consumer and internet names drove the Hong Kong market higher last week while healthcare retreated; the Hang Seng Index rose 1.0% and the Hang Seng Composite Index 0.6%, with the Hang Seng Index's dynamic 12-month forward price-earnings ratio up 0.6% to 10.0 times and the Composite up 0.3% to 9.8 times; earnings-per-share expectations were revised up for most major thematic indices, with the Hang Seng TECH Index up 0.6%.