HK shares ETFs Daily Report: Liquor and Dividend Themes Lead as Technology Hardware Sinks Across the Board — October 30, 2026

NewTimeSpace · 2026/10/30 16:32 · By Xuran Lin

On October 30, 2026, consumer and dividend themes led the Hong Kong ETF market. E Fund (HK) CSI Liquor Index ETF (03189.HK) rose 5.47% to lead and seven of the top ten gainers were dividend products, while technology hardware sank across the board, led by Value Partners Optical Communication Active ETF (02811.HK) down 7.70%, with all ten decliners technology plays and none falling less than 4.81%.

Key Highlights:

The seven dividend and high-yield products in the top ten were Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK) up 3.09%, Ping An of China CSI HK Dividend ETF (03070.HK) up 2.38%, CSOP Hang Seng Stock Connect High Dividend ETF (03469.HK) up 2.35%, Value Partners HK-US Dividend Low Volatility ETF (03488.HK) up 2.32%, Fubon Hang Seng Shanghai-Shenzhen-Hong Kong High Dividend ETF (03190.HK) up 2.27%, Global X Hang Seng High Dividend Yield ETF (03110.HK) up 2.16% and Hang Seng High Dividend 30 Index ETF (03466.HK) up 2.08%.
The decliners list was entirely technology: three semiconductor products, two STAR 50 products, two optical communications and PCB products, plus one each from ChiNext, little giant and 5G, with the range running from -4.81% to -7.70%.
All five Southbound gainers were dividend products, led by Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK) at 3.09%, Ping An of China CSI HK Dividend ETF (03070.HK) at 2.38% and CSOP Hang Seng Stock Connect High Dividend ETF (03469.HK) at 2.35%; the five losers were AI and technology products, led by E Fund (HK) FTSE AI Select Index ETF (03489.HK) at -3.48%.

On October 30, 2026, the Hong Kong ETF market saw consumer and dividend strength against a deep pullback in technology hardware. Liquor, A-share broad-based, dividend and high-yield, and consumer themes led the gainers, with a top gain of 5.47%. On the downside, optical communications, PCB, ChiNext, little-giant, 5G, STAR 50 and semiconductor directions all declined, mostly by more than 4.8%. Among Southbound (Stock Connect) ETFs, dividend products rose collectively while AI and technology themes led the declines.

The market's leading product was a liquor ETF. E Fund (HK) CSI Liquor Index ETF (03189.HK), managed by E Fund Management (Hong Kong) Co., Limited, rose 5.47% to top the gainers list, tracking the CSI Liquor Index; the same ETF had also topped the list at 1.80% on October 29.

A-share broad-based and consumer themes rose in tandem. ChinaAMC CSI 300 Index ETF (03188.HK), managed by China Asset Management (Hong Kong) Limited, rose 4.05%, tracking the CSI 300 Index, after falling 5.78% on October 29; Global X China Consumer ETF (02806.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 2.83%, tracking the Solactive China Consumer Brands Index.

Dividend and high-yield products 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 3.09%, 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 2.38%, tracking the CSI Hong Kong Dividend Index; CSOP Hang Seng Stock Connect High Dividend ETF (03469.HK), managed by CSOP Asset Management Limited, rose 2.35%, tracking the Hang Seng Stock Connect High Dividend Low Volatility Index; Value Partners HK-US Dividend Low Volatility ETF (03488.HK), managed by Value Partners Hong Kong Limited, rose 2.32%, tracking the CCX HK-US Dividend Low Volatility Index (HKD, Net Return); Fubon Hang Seng Shanghai-Shenzhen-Hong Kong High Dividend ETF (03190.HK), managed by Fubon Fund Management (Hong Kong) Limited, rose 2.27%, tracking the Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index; Global X Hang Seng High Dividend Yield ETF (03110.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 2.16%, tracking the Hang Seng High Dividend Yield Index; and Hang Seng High Dividend 30 Index ETF (03466.HK), managed by Hang Seng Investment Management Limited, rose 2.08%, tracking the Hang Seng High Dividend 30 Index.

Hong Kong Equity ETFs — Top 10 Gainers (October 30, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	03189.HK	E Fund (HK) CSI Liquor Index ETF	5.47	CSI Liquor Index	E Fund Management (Hong Kong) Co., Limited
2	03188.HK	ChinaAMC CSI 300 Index ETF	4.05	CSI 300 Index	China Asset Management (Hong Kong) Limited
3	03437.HK	Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF	3.09	China Reform HK Central-SOEs High Dividend Index	Bosera Asset Management (International) Co., Limited
4	02806.HK	Global X China Consumer ETF	2.83	Solactive China Consumer Brands Index (Net Total Return)	Mirae Asset Global Investments (Hong Kong) Limited
5	03070.HK	Ping An of China CSI HK Dividend ETF	2.38	CSI Hong Kong Dividend Index	Ping An of China Asset Management (Hong Kong) Company Limited
6	03469.HK	CSOP Hang Seng Stock Connect High Dividend ETF	2.35	Hang Seng Stock Connect High Dividend Low Volatility Index	CSOP Asset Management Limited
7	03488.HK	Value Partners HK-US Dividend Low Volatility ETF	2.32	CCX HK-US Dividend Low Volatility Index (HKD, Net Return)	Value Partners Hong Kong Limited
8	03190.HK	Fubon Hang Seng Shanghai-Shenzhen-Hong Kong High Dividend ETF	2.27	Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index	Fubon Fund Management (Hong Kong) Limited
9	03110.HK	Global X Hang Seng High Dividend Yield ETF	2.16	Hang Seng High Dividend Yield Index	Mirae Asset Global Investments (Hong Kong) Limited
10	03466.HK	Hang Seng High Dividend 30 Index ETF	2.08	Hang Seng High Dividend 30 Index	Hang Seng Investment Management Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on October 30, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

On the downside, optical communications and PCB themes led the declines. Value Partners Optical Communication Active ETF (02811.HK), managed by Value Partners Hong Kong Limited, fell 7.70%, the largest decliner of the day; Value Partners Printed Circuit Board Active ETF (02813.HK), managed by the same company, fell 6.39%.

ChiNext and little-giant themes pulled back sharply. Bosera SZSE ChiNext Daily (2x) Leveraged Product (07234.HK), managed by Bosera Asset Management (International) Co., Limited, fell 7.23% as a daily 2x leveraged product on the ChiNext Index; Global X China Little Giant ETF (02815.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 5.33%, tracking the Solactive China Little Giant Index.

5G and STAR 50 themes declined broadly. CSOP Yinhua CSI 5G Communications Theme ETF (03193.HK), managed by CSOP Asset Management Limited, fell 5.25%, tracking the CSI 5G Communications Theme Index; Premia China STAR50 ETF (03151.HK), managed by Premia Partners Company Limited, fell 5.22%; CSOP STAR 50 Index ETF (03109.HK), managed by CSOP Asset Management Limited, fell 4.82%. The latter two both track the STAR 50 Index.

Semiconductor themes weakened across the board. Bosera HKEX KRX Semiconductor Index ETF (03516.HK), managed by Bosera Asset Management (International) Co., Limited, fell 5.10%; E Fund (HK) Solactive Asia Semiconductor Select Index ETF (03486.HK), managed by E Fund Management (Hong Kong) Co., Limited, fell 4.88%; Huatai-PCG HKEX KRX Semiconductor Index ETF (03569.HK), managed by Huatai-PCG Asset Management Limited, fell 4.81%.

Hong Kong Equity ETFs — Top 10 Losers (October 30, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	02811.HK	Value Partners Optical Communication Active ETF	-7.70	—	Value Partners Hong Kong Limited
2	07234.HK	Bosera SZSE ChiNext Daily (2x) Leveraged Product	-7.23	ChiNext Index (HKD) (CNH)	Bosera Asset Management (International) Co., Limited
3	02813.HK	Value Partners Printed Circuit Board Active ETF	-6.39	—	Value Partners Hong Kong Limited
4	02815.HK	Global X China Little Giant ETF	-5.33	Solactive China Little Giant Index (Net Total Return)	Mirae Asset Global Investments (Hong Kong) Limited
5	03193.HK	CSOP Yinhua CSI 5G Communications Theme ETF	-5.25	CSI 5G Communications Theme Index	CSOP Asset Management Limited
6	03151.HK	Premia China STAR50 ETF	-5.22	STAR 50 Index	Premia Partners Company Limited
7	03516.HK	Bosera HKEX KRX Semiconductor Index ETF	-5.10	—	Bosera Asset Management (International) Co., Limited
8	03486.HK	E Fund (HK) Solactive Asia Semiconductor Select Index ETF	-4.88	—	E Fund Management (Hong Kong) Co., Limited
9	03109.HK	CSOP STAR 50 Index ETF	-4.82	STAR 50 Index	CSOP Asset Management Limited
10	03569.HK	Huatai-PCG HKEX KRX Semiconductor Index ETF	-4.81	—	Huatai-PCG Asset Management Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on October 30, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Among Southbound (Stock Connect) ETFs, dividend products rose collectively while AI and technology themes led the declines.

All five gainers were dividend products: Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK), up 3.09% to lead; Ping An of China CSI HK Dividend ETF (03070.HK), up 2.38%; CSOP Hang Seng Stock Connect High Dividend ETF (03469.HK), up 2.35%; Global X Hang Seng High Dividend Yield ETF (03110.HK), up 2.16%; and E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF (03483.HK), up 1.98%.

The five decliners were: E Fund (HK) FTSE AI Select Index ETF (03489.HK), down 3.48% to lead; CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK), down 1.78%; CSOP Hang Seng Biotech ETF (03174.HK), down 1.46%; CSOP Hang Seng HK-US TECH ETF (03442.HK), down 1.19%; and ChinaAMC Hang Seng Biotech ETF (03069.HK), down 0.83%.

Southbound (Stock Connect) ETFs — Gainers and Losers (October 30, 2026)
Rank	Code	Name	Change	Underlying Index	Manager
Gain 1	03437.HK	Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF	3.09	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	2.38	CSI Hong Kong Dividend Index	Ping An of China Asset Management (Hong Kong) Company Limited
Gain 3	03469.HK	CSOP Hang Seng Stock Connect High Dividend ETF	2.35	Hang Seng Stock Connect High Dividend Low Volatility Index	CSOP Asset Management Limited
Gain 4	03110.HK	Global X Hang Seng High Dividend Yield ETF	2.16	Hang Seng High Dividend Yield Index	Mirae Asset Global Investments (Hong Kong) Limited
Gain 5	03483.HK	E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF	1.98	MSCI AC Asia Pacific Select High Dividend Index (HKD, Net Return)	E Fund Management (Hong Kong) Co., Limited
Loss 5	03069.HK	ChinaAMC Hang Seng Biotech ETF	-0.83	Hang Seng Biotech Index	China Asset Management (Hong Kong) Limited
Loss 4	03442.HK	CSOP Hang Seng HK-US TECH ETF	-1.19	Hang Seng HK-US Technology Index	CSOP Asset Management Limited
Loss 3	03174.HK	CSOP Hang Seng Biotech ETF	-1.46	Hang Seng Biotech Index	CSOP Asset Management Limited
Loss 2	03431.HK	CSOP FTSE HK-Korea Tech+ Index ETF	-1.78	—	CSOP Asset Management Limited
Loss 1	03489.HK	E Fund (HK) FTSE AI Select Index ETF	-3.48	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 30, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Data from NewTimeSpace Research Institute shows a structural feature on October 30 of "consumer and dividend strength against a deep pullback in technology hardware". The upside was led by liquor, dividend and A-share broad-based products, with seven of the top ten being dividend and high-yield names, alongside two consumer plays in liquor and Global X China Consumer ETF and one broad-based product, ChinaAMC CSI 300 Index ETF, at a top gain of 5.47%. The downside was uniformly technology, with three semiconductor, two STAR 50, two optical communications and PCB, and one each from ChiNext, little giant and 5G, all falling at least 4.81%. The gap between the two ends was pronounced, with the top decliner more than 13.1 percentage points away from the top gainer. Notably, ChinaAMC CSI 300 Index ETF, which had led the previous day's declines at -5.78%, turned higher to gain 4.05%, while Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF and Ping An of China CSI HK Dividend ETF, which had risen against the trend on October 29, extended their gains further. On the Southbound side, all five gainers were dividend products and the five decliners were concentrated in AI and technology themes, broadly in line with the overall market direction.

HK Shares ETFs Daily Report E Fund (HK) CSI Liquor Index ETF Value Partners Optical Communication Active ETF