Tracker Fund of Hong Kong (02800.HK) Falls 0.96% Intraday as US September CPI Tops Expectations

NewTimeSpace News: As of 9:55 on October 15, the Tracker Fund of Hong Kong (02800.HK) fell 0.96% to a latest price of HK$24.760. The ETF has traded 68.4513 million units so far today for a turnover of HK$1.695 billion at an average price of HK$24.761, with a turnover rate of 1.34%. It is down 0.32% so far this week. Its current net asset value per unit is HK$24.9875, and its assets under management stand at HK$127.636 billion.

(Note on scope: the net asset value per unit and assets under management are as of October 14, 2026; the week-to-date change is measured against the closing price of HK$24.840 on October 9.)

On the news front, the US Labor Department reported on October 14 that the US consumer price index rose 0.6% month on month and 3.7% year on year in September, faster than the 0.4% and 3.4% recorded in August; core CPI, which excludes food and energy, rose 0.3% month on month and 2.6% year on year, also above market expectations. The gasoline price index rose 9.1% month on month and accounted for more than half of the monthly CPI increase. After the data, market bets on a Federal Reserve rate hike in October briefly rose to about 50% and bets on a December hike briefly exceeded 95%, while the 10-year US Treasury yield closed at 5.188%.

The Tracker Fund of Hong Kong (02800.HK) invests all or substantially all of its assets in the constituent stocks of the Hang Seng Index in substantially the same weightings as the index, using a physical replication approach. The Hang Seng Index is compiled by Hang Seng Indexes Company, weighted by freefloat-adjusted market capitalisation with an 8% cap on any single constituent, and reflects the overall performance of leading large and mid-cap Greater China and foreign companies listed on the Main Board of the Hong Kong Stock Exchange; the number of constituents is capped at 100 and currently stands at 95, with reviews conducted quarterly; the index was launched with a base date of 31 July 1964 and a base value of 100 points.

CCB International expects the Hang Seng Index to trade between 22,500 and 26,000 points in the fourth quarter, with risks skewed to the downside; the brokerage attributes the challenges facing Hong Kong stocks mainly to scattered stimulus policies on the mainland, tighter US monetary policy, and shifts in the AI trading narrative.