Hong Kong healthcare names are deep in the red. WuXi Biologics, Hansoh Pharma and Kelun-Biotech lead the slump; at 15:41 CSOP Hang Seng Biotech ETF (03174.HK) is down almost 3%.
State Grid’s capex for the 15th Five-Year period is set to hit RMB 4 trn, 40% above the 14th Five-Year total, with the bulk earmarked for new-type power systems, ultra-high-voltage DC corridors, urban-rural distribution upgrades and digital infrastructure—underscoring a long-horizon bet on a green, smart grid.
As of 14:38 on January 19, 2026, High-end Equipment ETF (159638) rose 2.52%, with the latest price at RMB 1.18.In terms of liquidity, High-end Equipment ETF recorded an intraday turnover ratio of 11.14% with trading volume of RMB 228 million, showing active market trading. Looking at the broader period, as of January 16, the ETF's average daily trading volume over the past week reached RMB 452 million.Regarding scale, High-end Equipment ETF's latest assets under management reached RMB 1.833 billion.
Cash keeps flowing into A-share semis. At 14:37, Global X China Semiconductor ETF (03191.HK) is up again, bringing its YTD gain to nearly 17%. Listed in Hong Kong and managed by Global X’s Seoul team, the ETF is the only pure-play on the entire China semiconductor value chain available in the HK market.
As of 14:19 on January 19, 2026, Biomedical ETF (512290) fell 1.40%, with the latest price at RMB 1.06. In terms of liquidity, Biomedical ETF recorded an intraday turnover ratio of 2.44% with trading volume of RMB 83.9450 million. Over a broader period, as of January 16, the ETF's average daily trading volume over the past week reached RMB 99.3551 million.Regarding scale, Biomedical ETF's latest assets under management reached RMB 3.465 billion.
As of 14:00 on January 19, 2026, Artificial Intelligence ETF (515980) fell 2.33%, with the latest price at RMB 0.97. Regarding scale, AI ETF's latest assets under management reached RMB 9.623 billion, marking a new high for the past year. In terms of shares, AI ETF's latest share count reached 9.797 billion units, a new high for the past month.
Short-term sentiment heats up again; the SM-cap style is outperforming. CSOP CSI 500 ETF (03005.HK) defies the weak tape, up more than 1%. The underlying gauge’s mid-/small-caps are showing plenty of beta in this liquidity-driven leg.
As of 13:39 on January 19, 2026, Photovoltaic ETF (159857) rose 1.34%, aiming for its fourth consecutive gain, with the latest price at RMB 0.91. In terms of liquidity, Photovoltaic ETF recorded an intraday turnover ratio of 7.33% with trading volume of RMB 151 million. Looking at the broader period, as of January 16, the ETF's average daily trading volume over the past week reached RMB 263 million, ranking in the top 2 among comparable funds.Regarding scale, Photovoltaic ETF's latest assets under management reached RMB 2.004 billion, ranking 2nd among 12 comparable funds.
As of 13:28 on January 19, 2026, Rare Earth ETF (516780) rose 1.13%, with the latest price at RMB 1.98.Regarding scale, Rare Earth ETF's assets under management increased by RMB 172 million over the past two weeks, achieving significant growth and ranking 2nd among 4 comparable funds. In terms of shares, Rare Earth ETF's share count increased by 9.00 million units over the past week, a significant increase ranking 2nd among 4 comparable funds.
Escalating geopolitical jitters rippled across mega-cap tech overnight. AAPL dropped >1%, GOOGL slid nearly 1% and NVDA shed 0.51%. At 13:33 HKT, Csop Mag Seven Etf (03454.HK) was trading almost 2% lower.
Crypto markets are clocking the bloodiest rout of the year. Ethereum leads the slide, crashing >10% and slipping below the psychological US$3,200 mark—its lowest level in seven weeks. As of 11:33 a.m.,Pando Ethereum ETF(03085.HK) is off more than 3%.
As of 11:13 on January 19, 2026, Military Industry ETF (512660) rose 1.40%, with the latest price at RMB 1.52. In terms of liquidity, Military Industry ETF recorded an intraday turnover ratio of 3.3% with trading volume of RMB 349 million. Over a broader period, as of January 16, the ETF's average daily trading volume over the past week reached RMB 1.111 billion, ranking 1st among comparable funds.Regarding scale, Military Industry ETF's latest assets under management reached RMB 10.563 billion, ranking 1st among 4 comparable funds.
As of 10:52 on January 19, 2026,Gold Mining ETF (517520) rose 0.86%, with the latest price at RMB 2.34.Regarding scale, Gold Mining ETF's assets under management increased by RMB 579 million over the past week, achieving significant growth and ranking 1st among 6 comparable funds.In terms of shares, Gold Mining ETF's share count increased by 17.50 million units over the past week, a significant increase ranking 2nd among 6 comparable funds.
The World Future Energy Summit 2026 (WFES) wrapped in Abu Dhabi on Jan 15, leaving Chinese solar makers with a stack of fresh contracts and a fresh reminder of their centrality to the global energy pivot.
With State Grid’s looming RMB 4 trn capex bomb ticking, Global X China Clean Energy (02809.HK) bucked the weak tape at 10:27 a.m., up >2% and +40% over the past six months.
As of 10:23 on January 19, 2026, Chemical ETF (159870) rose 2.10%, with the latest price at RMB 0.88.Regarding scale, Chemical ETF's latest assets under management reached RMB 22.314 billion, marking a new high for the past year and ranking 1st among 6 comparable funds.In terms of shares, Chemical ETF's latest share count reached 25.935 billion units, a new high for the past three months and ranking 1st among 6 comparable funds.
