HK shares ETFs Daily Report: Dividend and High-Yield Themes Lead as Technology Growth Pulls Back — October 26, 2026

NewTimeSpace · 2026/10/26 16:40 · By Zeyu Wu

On October 26, 2026, defensive themes prevailed in the Hong Kong ETF market. E Fund (HK) CSI Liquor Index ETF (03189.HK) rose 2.32% to lead, with dividend and high-yield products advancing collectively and four of them in the top ten, while technology growth names pulled back, led by Bosera SZSE ChiNext Daily (2x) Leveraged Product (07234.HK) down 4.06%; nine of the top ten decliners were technology-related.

Key Highlights:

The four dividend and high-yield ETFs in the top ten were Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK) up 2.15%, Ping An of China CSI HK Dividend ETF (03070.HK) up 2.07%, E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF (03483.HK) up 1.96% and Fubon Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index ETF (03190.HK) up 1.40%.
The losers were dominated by the ChiNext leveraged product, Value Partners Printed Circuit Board Active ETF (02813.HK) down 4.00%, CSOP Yinhua CSI 5G Communications Theme ETF (03193.HK) down 3.22%, plus little-giant, blockchain and semiconductor products, alongside one gold miner at -2.09%; none of the top ten fell more than 4.06%.
On the Southbound side, dividend products led the gainers, while AI and HK-Korea technology names led the declines, with E Fund (HK) FTSE AI Select Index ETF (03489.HK) down 1.33% and CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK) down 1.21%.

On October 26, 2026, the Hong Kong ETF market displayed a defensive bias. Liquor, medical technology, dividend and high-yield themes led the gainers, with China bedrock, electric vehicle, Asia technology dividend and Taiwan themes also performing. On the downside, technology growth themes pulled back broadly, with ChiNext leveraged products, PCB, 5G, little-giant, blockchain and semiconductor directions among the biggest decliners. Among Southbound (Stock Connect) ETFs, dividend products led while AI and HK-Korea technology declined.

The market's leading product was the liquor theme. E Fund (HK) CSI Liquor Index ETF (03189.HK), managed by E Fund Management (Hong Kong) Co., Limited, rose 2.32% to top the gainers list, tracking the CSI Liquor Index.

Dividend and high-yield themes advanced collectively. Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK), managed by Bosera Asset Management (International) Co., Limited, rose 2.15%, tracking the China Reform HK Central-SOEs High Dividend Index; Ping An of China CSI HK Dividend ETF (03070.HK), managed by Ping An of China Asset Management (Hong Kong) Company Limited, rose 2.07%, tracking the CSI Hong Kong Dividend Index; E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF (03483.HK), managed by E Fund Management (Hong Kong) Co., Limited, rose 1.96%, tracking the MSCI AC Asia Pacific Select High Dividend Index; and Fubon Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index ETF (03190.HK), managed by Fubon Fund Management (Hong Kong) Limited, rose 1.40%, tracking the Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index. Four dividend and high-yield ETFs made the top ten gainers.

Medical technology themes also performed. Global X China MedTech ETF (02841.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 2.16%, tracking the Solactive China MedTech Index.

Broad-based and regional themes edged up. Premia CSI Caixin China Bedrock Economy ETF (02803.HK), managed by Premia Partners Company Limited, rose 1.45%, tracking the CSI Caixin Rayliant Bedrock Economy Index; CSOP FTSE Asia Tech Index ETF (03473.HK), managed by CSOP Asset Management Limited, rose 1.03%; and iShares Core MSCI Taiwan ETF (03074.HK), managed by BlackRock Asset Management North Asia Limited, rose 1.02%, tracking the MSCI Taiwan Index.

In addition, Global X China Electric Vehicle ETF (02845.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 1.08%, tracking the Solactive China Electric Vehicle and Battery Index.

Hong Kong Equity ETFs — Top 10 Gainers (October 26, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	03189.HK	E Fund (HK) CSI Liquor Index ETF	2.32	CSI Liquor Index	E Fund Management (Hong Kong) Co., Limited
2	02841.HK	Global X China MedTech ETF	2.16	Solactive China MedTech Index (Net Total Return)	Mirae Asset Global Investments (Hong Kong) Limited
3	03437.HK	Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF	2.15	China Reform HK Central-SOEs High Dividend Index	Bosera Asset Management (International) Co., Limited
4	03070.HK	Ping An of China CSI HK Dividend ETF	2.07	CSI Hong Kong Dividend Index	Ping An of China Asset Management (Hong Kong) Company Limited
5	03483.HK	E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF	1.96	MSCI AC Asia Pacific Select High Dividend Index (HKD, Net Return)	E Fund Management (Hong Kong) Co., Limited
6	02803.HK	Premia CSI Caixin China Bedrock Economy ETF	1.45	CSI Caixin Rayliant Bedrock Economy Index	Premia Partners Company Limited
7	03190.HK	Fubon Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index ETF	1.40	Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index	Fubon Fund Management (Hong Kong) Limited
8	02845.HK	Global X China Electric Vehicle ETF	1.08	Solactive China Electric Vehicle and Battery Index (Net Return)	Mirae Asset Global Investments (Hong Kong) Limited
9	03473.HK	CSOP FTSE Asia Tech Index ETF	1.03	—	CSOP Asset Management Limited
10	03074.HK	iShares Core MSCI Taiwan ETF	1.02	MSCI Taiwan Index	BlackRock Asset Management North Asia Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on October 26, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

On the downside, the ChiNext leveraged product led the declines. Bosera SZSE ChiNext Daily (2x) Leveraged Product (07234.HK), managed by Bosera Asset Management (International) Co., Limited, fell 4.06%, the largest decliner of the day as a daily 2x leveraged product on the ChiNext Index; the same ETF had topped the gainers on October 23 with a 7.01% rise.

PCB and 5G themes pulled back sharply. Value Partners Printed Circuit Board Active ETF (02813.HK), managed by Value Partners Hong Kong Limited, fell 4.00%; CSOP Yinhua CSI 5G Communications Theme ETF (03193.HK), managed by CSOP Asset Management Limited, fell 3.22%, tracking the CSI 5G Communications Theme Index.

Little-giant and blockchain themes weakened. Global X China Little Giant ETF (02815.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 2.62%, tracking the Solactive China Little Giant Index; Samsung Blockchain Technologies ETF (03171.HK), managed by Samsung Asset Management (Hong Kong) Limited, fell 2.43%.

Semiconductor, gold miner and optical communications themes fell broadly. E Fund (HK) Solactive Asia Semiconductor Select Index ETF (03486.HK), managed by E Fund Management (Hong Kong) Co., Limited, fell 2.21%; E Fund (HK) Solactive Global Gold Miner Select Index ETF (02824.HK), managed by the same company, fell 2.09%; Value Partners Optical Communication Active ETF (02811.HK), managed by Value Partners Hong Kong Limited, fell 1.87%; Huatai-PCG HKEX KRX Semiconductor Index ETF (03569.HK), managed by Huatai-PCG Asset Management Limited, fell 1.86%.

In addition, Global X China Core TECH ETF (03448.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 1.84%, tracking the Mirae Asset China Technology Top 30 Index.

Hong Kong Equity ETFs — Top 10 Losers (October 26, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	07234.HK	Bosera SZSE ChiNext Daily (2x) Leveraged Product	-4.06	ChiNext Index (HKD) (CNH)	Bosera Asset Management (International) Co., Limited
2	02813.HK	Value Partners Printed Circuit Board Active ETF	-4.00	—	Value Partners Hong Kong Limited
3	03193.HK	CSOP Yinhua CSI 5G Communications Theme ETF	-3.22	CSI 5G Communications Theme Index	CSOP Asset Management Limited
4	02815.HK	Global X China Little Giant ETF	-2.62	Solactive China Little Giant Index (Net Total Return)	Mirae Asset Global Investments (Hong Kong) Limited
5	03171.HK	Samsung Blockchain Technologies ETF	-2.43	—	Samsung Asset Management (Hong Kong) Limited
6	03486.HK	E Fund (HK) Solactive Asia Semiconductor Select Index ETF	-2.21	—	E Fund Management (Hong Kong) Co., Limited
7	02824.HK	E Fund (HK) Solactive Global Gold Miner Select Index ETF	-2.09	—	E Fund Management (Hong Kong) Co., Limited
8	02811.HK	Value Partners Optical Communication Active ETF	-1.87	—	Value Partners Hong Kong Limited
9	03569.HK	Huatai-PCG HKEX KRX Semiconductor Index ETF	-1.86	—	Huatai-PCG Asset Management Limited
10	03448.HK	Global X China Core TECH ETF	-1.84	Mirae Asset China Technology Top 30 Index (Net Return, HKD)	Mirae Asset Global Investments (Hong Kong) Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on October 26, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Among Southbound (Stock Connect) ETFs, dividend products led the gainers while AI and HK-Korea technology names led the declines.

The top five gainers were: Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK), up 2.15% to lead; Ping An of China CSI HK Dividend ETF (03070.HK), up 2.07%; E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF (03483.HK), up 1.96%; Global X Hang Seng High Dividend Yield ETF (03110.HK), up 0.70%; and CSOP FTSE ETF Connect East-West Succession Equity Select Index ETF (03441.HK), up 0.52%.

The top five losers were: E Fund (HK) FTSE AI Select Index ETF (03489.HK), down 1.33% to lead; CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK), down 1.21%; ChinaAMC HSI ESG ETF (03403.HK), down 0.80%; Global X Hang Seng TECH ETF (02837.HK), down 0.62%; and iShares Hang Seng TECH ETF (03067.HK), down 0.55%.

Southbound (Stock Connect) ETFs — Gainers and Losers (October 26, 2026)
Rank	Code	Name	Change	Underlying Index	Manager
Gain 1	03437.HK	Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF	2.15	China Reform HK Central-SOEs High Dividend Index	Bosera Asset Management (International) Co., Limited
Gain 2	03070.HK	Ping An of China CSI HK Dividend ETF	2.07	CSI Hong Kong Dividend Index	Ping An of China Asset Management (Hong Kong) Company Limited
Gain 3	03483.HK	E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF	1.96	MSCI AC Asia Pacific Select High Dividend Index (HKD, Net Return)	E Fund Management (Hong Kong) Co., Limited
Gain 4	03110.HK	Global X Hang Seng High Dividend Yield ETF	0.70	Hang Seng High Dividend Yield Index	Mirae Asset Global Investments (Hong Kong) Limited
Gain 5	03441.HK	CSOP FTSE ETF Connect East-West Succession Equity Select Index ETF	0.52	FTSE ETF Connect East-West Succession Equity Select Index (Net Total Return)	CSOP Asset Management Limited
Loss 5	03067.HK	iShares Hang Seng TECH ETF	-0.55	Hang Seng TECH Index	BlackRock Asset Management North Asia Limited
Loss 4	02837.HK	Global X Hang Seng TECH ETF	-0.62	Hang Seng TECH Index	Mirae Asset Global Investments (Hong Kong) Limited
Loss 3	03403.HK	ChinaAMC HSI ESG ETF	-0.80	Hang Seng HSI ESG Enhanced Index	China Asset Management (Hong Kong) Limited
Loss 2	03431.HK	CSOP FTSE HK-Korea Tech+ Index ETF	-1.21	—	CSOP Asset Management Limited
Loss 1	03489.HK	E Fund (HK) FTSE AI Select Index ETF	-1.33	FTSE Custom Global AI Select Index (Net Return)	E Fund Management (Hong Kong) Co., Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on October 26, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Data from NewTimeSpace Research Institute shows that the market's direction overall reversed from last Friday on October 26. The technology growth themes that had led the gains on October 23 pulled back broadly, with Bosera SZSE ChiNext Daily (2x) Leveraged Product turning from +7.01% into a 4.06% decline, while Global X China Robotics and AI ETF, CSOP Hang Seng Pioneer Technology Index ETF and Hang Seng AI Advancement ETF all dropped out of the top gainers; dividend and high-yield products, which had eased or stayed off the list on October 23, advanced collectively and took four of the top ten slots. The downside was led by the ChiNext leveraged product, PCB, 5G and semiconductor directions, with no top-ten decliner falling more than 4.06%. On the Southbound side, dividend products led the gainers while AI and HK-Korea technology names led the declines, broadly in line with the overall market direction.

HK Shares ETFs Daily Report E Fund (HK) CSI Liquor Index ETF Bosera Szse Chinext Daily (2x) Leveraged Product