HK shares ETFs Daily Report: Semiconductors Buck the Trend as Samsung Bloomberg Global Semiconductor ETF Gains 2.46% and Southbound ETFs Fall Across the Board — September 23, 2026

On September 23, 2026, the HK shares ETFs market showed a divergence pattern within the tech sector. Semiconductor, copper miners and blockchain themes led the gains, while Korea and AI themes followed modestly higher. On the downside, the Hang Seng TECH complex retreated broadly, with cloud computing and Hong Kong new listings themes weakening in tandem, and Hang Seng TECH-related ETFs taking most of the seats on the losers list. Among southbound Stock Connect ETFs, all 31 products declined on the day, with Hang Seng TECH themes leading the declines and dividend and broad-based products falling relatively less.

Gains were concentrated in semiconductor and copper miners themes. Samsung Bloomberg Global Semiconductor ETF (03132.HK), managed by Samsung Asset Management (Hong Kong) Limited, rose 2.46% to top the gainers list; Global X Copper Miners ETF (03014.HK), managed by Mirae Asset Global Investments (Hong Kong), rose 2.19%, the only non-tech product on the day's gainers list.

Blockchain and AI themes edged higher. Samsung Blockchain Technologies ETF (03171.HK), managed by Samsung Asset Management (Hong Kong) Limited, rose 1.56%; Global X AI Infrastructure ETF (03401.HK), managed by Mirae Asset Global Investments (Hong Kong), rose 1.37%; Pando Blockchain ETF (03112.HK), managed by Pando Limited, rose 1.14%; CSOP Solactive Asia AI Bottleneck Index ETF (03499.HK), managed by CSOP Asset Management, rose 1.07%.

Korea themes and Taiwan semiconductors also performed. CSOP KOSPI 200 Covered Call Active ETF (03537.HK), managed by CSOP Asset Management, rose 1.16%; CSOP KOSPI 200 ETF (03121.HK), from the same manager, rose 1.11%; Fubon ICE FactSet Taiwan Core Semiconductor Index ETF (03076.HK), managed by Fubon Fund Management (Hong Kong) Limited, rose 0.95%.

In addition, E Fund (HK) Solactive Global Gold Miner Select Index ETF (02824.HK), managed by E Fund Asset Management (Hong Kong) Limited, rose 0.94%, rebounding modestly after declines of 2.65% and 2.91% over the previous two trading days.

On the downside, the Hang Seng TECH complex retreated broadly. Phillip HK Newly Listed Equities Index ETF (02835.HK), managed by Phillip Capital Management (Hong Kong) Limited, fell 3.80% as the biggest decliner of the day, tracking the Solactive Hong Kong Newly Listed Equities Index; Global X China Cloud Computing ETF (02826.HK), managed by Mirae Asset Global Investments (Hong Kong), fell 2.35%, tracking the Solactive China Cloud Computing Index.

Hang Seng TECH-related ETFs weakened collectively, with seven entering the losers list. CSOP Hang Seng Tech Index ETF (03033.HK), managed by CSOP Asset Management, fell 1.70%; Global X Hang Seng TECH ETF (02837.HK), managed by Mirae Asset Global Investments (Hong Kong), fell 1.46%; Hang Seng TECH Index ETF (03032.HK), managed by Hang Seng Investment Management, fell 1.40%; iShares Hang Seng TECH ETF (03067.HK), managed by BlackRock, fell 1.39%; CMS Hang Seng Tech Index ETF (03423.HK), managed by CMS Asset Management (HK) Co., Limited, fell 1.38%; ChinaAMC Hang Seng Tech Index ETF (03088.HK), managed by China Asset Management (Hong Kong), fell 1.24%. Hang Seng China Enterprises Index ETF (02828.HK), managed by Hang Seng Investment Management, fell 1.42%, tracking the Hang Seng China Enterprises Index.

ChiNext themes pulled back in tandem. Bosera SZSE ChiNext Daily (2x) Leveraged Product (07234.HK), managed by Bosera Asset Management (International), fell 1.65%, tracking a leveraged ChiNext Index product.

Among southbound Stock Connect ETFs, all 31 products declined on the day, with losses ranging from 0.15% to 1.70%. Hang Seng TECH themes led the declines, while AI and dividend products fell relatively less.

The top five losers were: CSOP Hang Seng Tech Index ETF (03033.HK), down 1.70% at the top; Global X Hang Seng TECH ETF (02837.HK), down 1.46%; Hang Seng China Enterprises Index ETF (02828.HK), down 1.42%; Hang Seng TECH Index ETF (03032.HK), down 1.40%; and iShares Hang Seng TECH ETF (03067.HK), down 1.39%.

The five smallest decliners were: E Fund (HK) FTSE AI Select Index ETF (03489.HK), down 0.15%; CSOP Hang Seng Stock Connect High Dividend ETF (03469.HK), down 0.19%; CSOP MSCI HK China Connect Select ETF (03432.HK), down 0.23%; E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF (03483.HK), down 0.27%; and Ping An of China Trust - Ping An East-West Select ETF (03477.HK), down 0.28%.

Data from NewTimeSpace Research shows that the market on the day exhibited a structural feature of "semiconductors moving inversely to Hang Seng TECH." Gains were concentrated in semiconductor, copper miners, blockchain and Korea themes, with Samsung Bloomberg Global Semiconductor ETF leading at 2.46%; declines were concentrated in the Hang Seng TECH and cloud computing directions, where seven of the ten biggest decliners were Hang Seng TECH-related ETFs and another was a cloud computing ETF. On the southbound side, all 31 products declined, with losses ranging from 0.15% to 1.70%; Hang Seng TECH themes led the declines while AI and dividend products fell relatively less, broadly in line with the wider market's direction. Notably, the US equity tech and NASDAQ themes that led the previous trading day failed to enter the top of the gainers list.

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