HK shares ETFs Daily Report: Biotech Themes Advance Broadly as Optical Communication and Blockchain Pull Back Sharply — October 20, 2026
- CSOP Hang Seng Biotech ETF (03174.HK) rose 2.09%, Global X China Biotech ETF (02820.HK) 2.05% and ChinaAMC Hang Seng Biotech ETF (03069.HK) 1.60%, all tracking the Hang Seng Biotech Index.
- Eight of the top ten decliners were technology names, plus one innovative finance and one metals product; all ten fell at least 2.98%, with the three optical communication and blockchain products down at least 4.40%.
- Southbound losers were led by CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) at -2.31%, followed by E Fund (HK) FTSE AI Select Index ETF (03489.HK) at -2.15% and CMS Hang Seng Tech Index ETF (03423.HK) at -2.03%.
On October 20, 2026, the Hong Kong ETF market presented a divergent picture of biotech strength against technology-hardware weakness. K-Pop music and culture themes led the gainers, biotech and healthcare themes advanced collectively, and robotics, Asia Pacific high dividend and 5G themes also performed. On the downside, optical communication, blockchain, semiconductor and AI themes pulled back sharply, with metals themes weakening in tandem. Among Southbound (Stock Connect) ETFs, only two biotech products rose.
The market's leading product was the K-Pop music and culture theme. Global X K-Pop and Culture ETF (03158.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 5.39% to top the gainers list, tracking the Solactive K-Pop and Culture Index.
Biotech and healthcare themes advanced collectively. CSOP Hang Seng Biotech ETF (03174.HK), managed by CSOP Asset Management Limited, rose 2.09%, tracking the Hang Seng Biotech Index; Global X China Biotech ETF (02820.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 2.05%, tracking the Solactive China Biotech Index; ChinaAMC Hang Seng Biotech ETF (03069.HK), managed by China Asset Management (Hong Kong) Limited, rose 1.60%, tracking the Hang Seng Biotech Index; and Ping An of China Trust - Ping An Healthcare 50 Select ETF (03500.HK), managed by Ping An of China Asset Management (Hong Kong) Company Limited, rose 0.91%. In addition, Global X China MedTech ETF (02841.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 2.11%, tracking the Solactive China MedTech Index. Biotech-related ETFs occupied multiple places on the gainers list.
Robotics and high-dividend themes also performed. Global X China Robotics and AI ETF (02807.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 2.38%, tracking the FactSet China Robotics and Artificial Intelligence Index; Global X Asia Pacific High Dividend Yield ETF (03116.HK), managed by the same company, rose 2.24%, tracking the Solactive Asia Pacific High Dividend Yield Index.
5G and broad-based themes edged up. CSOP Yinhua CSI 5G Communications Theme ETF (03193.HK), managed by CSOP Asset Management Limited, rose 1.89%, tracking the CSI 5G Communications Theme Index; CSOP CSI 500 ETF (03005.HK), managed by the same company, rose 1.05%, tracking the CSI 500 Index.
|
Hong Kong Equity ETFs — Top 10 Gainers (October 20, 2026) |
|||||
|
Rank |
Code |
Name |
Change (%) |
Underlying Index |
Manager |
|
1 |
03158.HK |
Global X K-Pop and Culture ETF |
5.39 |
Solactive K-Pop and Culture Index (Net Total Return) |
Mirae Asset Global Investments (Hong Kong) Limited |
|
2 |
02807.HK |
Global X China Robotics and AI ETF |
2.38 |
FactSet China Robotics and Artificial Intelligence Index (Net Total Return) |
Mirae Asset Global Investments (Hong Kong) Limited |
|
3 |
03116.HK |
Global X Asia Pacific High Dividend Yield ETF |
2.24 |
Solactive Asia Pacific High Dividend Yield Index (Net Total Return) |
Mirae Asset Global Investments (Hong Kong) Limited |
|
4 |
02841.HK |
Global X China MedTech ETF |
2.11 |
Solactive China MedTech Index (Net Total Return) |
Mirae Asset Global Investments (Hong Kong) Limited |
|
5 |
03174.HK |
CSOP Hang Seng Biotech ETF |
2.09 |
Hang Seng Biotech Index |
CSOP Asset Management Limited |
|
6 |
02820.HK |
Global X China Biotech ETF |
2.05 |
Solactive China Biotech Index (Net Total Return) |
Mirae Asset Global Investments (Hong Kong) Limited |
|
7 |
03193.HK |
CSOP Yinhua CSI 5G Communications Theme ETF |
1.89 |
CSI 5G Communications Theme Index |
CSOP Asset Management Limited |
|
8 |
03069.HK |
ChinaAMC Hang Seng Biotech ETF |
1.60 |
Hang Seng Biotech Index |
China Asset Management (Hong Kong) Limited |
|
9 |
03005.HK |
CSOP CSI 500 ETF |
1.05 |
CSI 500 Index |
CSOP Asset Management Limited |
|
10 |
03500.HK |
Ping An of China Trust - Ping An Healthcare 50 Select ETF |
0.91 |
— |
Ping An of China Asset Management (Hong Kong) Company Limited |
|
Source/Compilation: Wind / NewTimeSpace, as of the close on October 20, 2026. |
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On the downside, optical communication and blockchain themes led the declines. Value Partners Optical Communication Active ETF (02811.HK), managed by Value Partners Hong Kong Limited, fell 5.79%, the largest decliner of the day; Pando Blockchain ETF (03112.HK), managed by Pando Limited, fell 5.55%; and Samsung Blockchain Technologies ETF (03171.HK), managed by Samsung Asset Management (Hong Kong) Limited, fell 4.40%.
Semiconductor and innovative finance themes pulled back sharply. E Fund (HK) Solactive Asia Semiconductor Select Index ETF (03486.HK), managed by E Fund Management (Hong Kong) Co., Limited, fell 5.24%; Global X Innovative Finance ETF (03185.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 4.68%; Samsung Bloomberg Global Semiconductor ETF (03132.HK), managed by Samsung Asset Management (Hong Kong) Limited, fell 3.50%; and Global X Asia Semiconductor ETF (03119.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 3.09%, tracking the FactSet Asia Semiconductor Index.
Digital technology and AI themes weakened in tandem. E Fund (HK) Wind Digital Technology Index ETF (03434.HK), managed by E Fund Management (Hong Kong) Co., Limited, fell 3.18%, tracking the Wind Digital Technology NTR Index (HKD); CSOP Solactive Asia AI Bottleneck Index ETF (03499.HK), managed by CSOP Asset Management Limited, fell 3.04%.
In addition, GF MSCI Global Strategic Metals Select ETF (03566.HK), managed by GF International Investment Management Limited, fell 2.98%.
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Hong Kong Equity ETFs — Top 10 Losers (October 20, 2026) |
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|
Rank |
Code |
Name |
Change (%) |
Underlying Index |
Manager |
|
1 |
02811.HK |
Value Partners Optical Communication Active ETF |
-5.79 |
— |
Value Partners Hong Kong Limited |
|
2 |
03112.HK |
Pando Blockchain ETF |
-5.55 |
— |
Pando Limited |
|
3 |
03486.HK |
E Fund (HK) Solactive Asia Semiconductor Select Index ETF |
-5.24 |
— |
E Fund Management (Hong Kong) Co., Limited |
|
4 |
03185.HK |
Global X Innovative Finance ETF |
-4.68 |
— |
Mirae Asset Global Investments (Hong Kong) Limited |
|
5 |
03171.HK |
Samsung Blockchain Technologies ETF |
-4.40 |
— |
Samsung Asset Management (Hong Kong) Limited |
|
6 |
03132.HK |
Samsung Bloomberg Global Semiconductor ETF |
-3.50 |
— |
Samsung Asset Management (Hong Kong) Limited |
|
7 |
03434.HK |
E Fund (HK) Wind Digital Technology Index ETF |
-3.18 |
Wind Digital Technology NTR Index (HKD) |
E Fund Management (Hong Kong) Co., Limited |
|
8 |
03119.HK |
Global X Asia Semiconductor ETF |
-3.09 |
FactSet Asia Semiconductor Index (Net Total Return) |
Mirae Asset Global Investments (Hong Kong) Limited |
|
9 |
03499.HK |
CSOP Solactive Asia AI Bottleneck Index ETF |
-3.04 |
— |
CSOP Asset Management Limited |
|
10 |
03566.HK |
GF MSCI Global Strategic Metals Select ETF |
-2.98 |
— |
GF International Investment Management Limited |
|
Source/Compilation: Wind / NewTimeSpace, as of the close on October 20, 2026. |
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Among Southbound (Stock Connect) ETFs, only two biotech-themed products rose, while HK-Korea technology and Hang Seng TECH names led the declines.
The two gainers were CSOP Hang Seng Biotech ETF (03174.HK), up 2.09% to lead, and ChinaAMC Hang Seng Biotech ETF (03069.HK), up 1.60%.
The top five losers were: CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK), down 2.31% to lead; E Fund (HK) FTSE AI Select Index ETF (03489.HK), down 2.15%; CMS Hang Seng Tech Index ETF (03423.HK), down 2.03%; Global X Hang Seng TECH ETF (02837.HK), down 1.67%; and iShares Hang Seng TECH ETF (03067.HK), down 1.50%.
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Southbound (Stock Connect) ETFs — Gainers and Losers (October 20, 2026) |
|||||
|
Rank |
Code |
Name |
Change |
Underlying Index |
Manager |
|
Gain 1 |
03174.HK |
CSOP Hang Seng Biotech ETF |
2.09 |
Hang Seng Biotech Index |
CSOP Asset Management Limited |
|
Gain 2 |
03069.HK |
ChinaAMC Hang Seng Biotech ETF |
1.60 |
Hang Seng Biotech Index |
China Asset Management (Hong Kong) Limited |
|
Loss 5 |
03067.HK |
iShares Hang Seng TECH ETF |
-1.50 |
Hang Seng TECH Index |
BlackRock Asset Management North Asia Limited |
|
Loss 4 |
02837.HK |
Global X Hang Seng TECH ETF |
-1.67 |
Hang Seng TECH Index |
Mirae Asset Global Investments (Hong Kong) Limited |
|
Loss 3 |
03423.HK |
CMS Hang Seng Tech Index ETF |
-2.03 |
Hang Seng TECH Index |
CMS Asset Management (HK) Co., Limited |
|
Loss 2 |
03489.HK |
E Fund (HK) FTSE AI Select Index ETF |
-2.15 |
FTSE Custom Global AI Select Index (Net Return) |
E Fund Management (Hong Kong) Co., Limited |
|
Loss 1 |
03431.HK |
CSOP FTSE HK-Korea Tech+ Index ETF |
-2.31 |
— |
CSOP Asset Management Limited |
|
Source/Compilation: Wind / NewTimeSpace, as of the close on October 20, 2026. |
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Data from NewTimeSpace Research Institute shows a structural feature on October 20 of "biotech advancing while technology hardware pulled back". The upside was dominated by biotech and healthcare themes, with five of the top ten gainers biotech-related, while the K-Pop music and culture theme topped the list at 5.39%, well clear of the rest. The downside was concentrated in optical communication, blockchain, semiconductor and AI directions, with all of the top ten decliners falling at least 2.98% and the three optical communication and blockchain products down at least 4.40%. On the Southbound side, only two biotech products rose, with HK-Korea technology and Hang Seng TECH names leading the declines, broadly in line with the overall market direction.
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