ICBC CSOP S&P New China Sectors Index ETF (03167.HK) Up 0.94% by Quote as PBOC Governor Sees Sound Economic Momentum

NewTimeSpace News: As of 10:20 on October 16, the ICBC CSOP S&P New China Sectors Index ETF (03167.HK) was quoted at HK$55.800, up 0.94% from the previous closing price, with no trades so far today—the price is on a quoted basis rather than a traded basis. It is down 0.32% so far this week (on the quoted basis). Its current net asset value per unit is HK$55.36, and its assets under management stand at HK$360 million.

(Note on scope: the product is thinly traded and no transaction has taken place today, so the above price and change are quoted, not traded; the net asset value per unit and assets under management are as of October 15, 2026; the week-to-date change is measured against the closing price of HK$55.980 on October 9.)

On the news front, according to the People's Bank of China on October 16, the third G20 Finance Ministers and Central Bank Governors Meeting of the year was held in Bangkok, Thailand on October 15. PBOC Governor said geopolitical conflicts remain the biggest uncertainty for the global economy, and that sharp swings in some countries' government bond markets and valuation corrections in AI-related assets have heightened financial vulnerability. He said China's high-quality economic development continues to show a positive trajectory with stable and orderly financial markets, and that the PBOC will continue to implement appropriately loose monetary policy to foster a sound monetary and financial environment for stable economic growth.

The ICBC CSOP S&P New China Sectors Index ETF (03167.HK) is issued by CSOP Asset Management and closely tracks the S&P New China Sectors Index (Capped A-Shares), adopting a physical replication strategy with a board lot of 50 units and an ongoing charges ratio of 1.13% a year. The index measures sectors likely to benefit from China's economic reforms, focusing on consumer discretionary, consumer staples, communication services, insurance and health care. It draws securities from the S&P Total China + Hong Kong BMI with a freefloat market capitalisation of at least US$2.5 billion, with up to 300 constituents weighted by float-adjusted market capitalisation, a 10% cap on any single stock and semi-annual reviews.

Bohai Securities believes the China Securities Regulatory Commission's symposium released positive signals, and that A-share valuations have fallen below their historical median, with valuation risks substantially eased; combined with turnover shrinking to trough levels, negative sentiment is clearing at an accelerated pace. By sector, it sees dip-buying opportunities in the computing-power segment amid a continuing global AI boom, and the defensive properties of dividend stocks.