Tencent Launches AI Office Suite; Csop Hang Seng Tech Index Etf (03033.HK) Rises 1.04% Intraday

NewTimeSpace News: As of 9:42 on October 30, 2026, Csop Hang Seng Tech Index Etf (03033.HK) rose 1.04% intraday to a latest price of HK$3.706, with a turnover of HK$1.00 billion, a trading volume of 274 million shares, and a turnover rate of 1.83%. Its current net asset value per unit is HK$3.6702, and its assets under management stand at HK$54.84 billion.

NewTimeSpace understands that Csop Hang Seng Tech Index Etf (03033.HK) is managed by CSOP Asset Management Limited, with an investment objective of providing investment results that closely track the performance of the Hang Seng TECH Index, before fees and expenses. The ETF primarily adopts a full replication strategy, investing all or substantially all of its assets directly in Index securities in broadly the same proportions as their weightings in the Index; under exceptional circumstances such as restrictions, trading suspensions or limited availability of certain Index securities, it may switch to a representative sampling strategy. Investments in other collective investment schemes are capped at 10% of net asset value; the ETF does not invest in derivatives for investment or hedging purposes, and cash and money market fund holdings may not exceed 5% of net asset value. It may engage in securities lending of up to 50% of net asset value, with an expected level of around 20%. The Hang Seng TECH Index represents the 30 largest Hong Kong-listed companies highly relevant to the technology theme after screening. As of October 22, 2026, its top ten constituents were NETEASE, XIAOMI-W, MEITUAN-W, ALIBABA-W, TENCENT, BYD COMPANY, SMIC, LENOVO GROUP, JD-SW and BIDU-W, together accounting for 73.13%. As of October 29, the ETF had assets under management of HK$54.84 billion and a net asset value per unit of HK$3.6702.

On the news front, TENCENT officially launched its office suite Buddy One and Tencent Drive on October 29; reports over the same period also indicate that its Hy4 large model is due for release shortly, along with a cost-effective Hy4 flash version. TENCENT is one of the top ten constituents of the Hang Seng TECH Index.

UBS believes that the growth momentum generated by the AI boom is expected to peak around the end of 2026 or early 2027. The bank noted that major Chinese indices are down 18% year-to-date, that its gauge of AI-related technology hardware stocks has seen its year-to-date gain shrink to just 9%, that net positioning has returned to early-year levels, and that short positions in Hong Kong equities stand at their highest level to date; it added, however, that earnings growth in the technology hardware sector remains strong.