HK shares ETFs Daily Report: ChinaAMC MSCI India ETF Rises 5.99% to Lead as India and Japan Themes Advance Broadly — November 9, 2026

NewTimeSpace · 2026/11/09 17:39 · By Xuran Lin

On November 9, 2026, Hong Kong ETFs advanced across regional markets while technology themes eased. ChinaAMC MSCI India ETF (03404.HK) rose 5.99% to lead, with iShares Core S&P BSE SENSEX India ETF (02836.HK) up 4.81% and two Japan ETFs up more than 3.4%; the largest decliner, Guotai Haitong Global Future Tech ETF (03585.HK), fell just 3.83%, while Southbound biotech and dividend products edged higher.

Key Highlights:

The two Japan ETFs were Hang Seng Japan TOPIX 100 Index ETF (03410.HK) up 3.71%, reversing a 6.59% drop on November 6, and Global X Japan Global Leaders ETF (03150.HK) up 3.46%.
The rest of the top ten spanned copper, finance, Taiwan semiconductors and gold miners: Global X Copper Miners ETF (03014.HK) at 3.20%, Global X Innovative Finance ETF (03185.HK) at 3.06%, Fubon ICE FactSet Taiwan Core Semiconductor Index ETF (03076.HK) at 2.96%, E Fund (HK) Solactive Global Gold Miner Select Index ETF (02824.HK) at 2.95%, Premia FTSE TWSE Taiwan 50 ETF (03453.HK) at 2.91% and Xtrackers MSCI Taiwan UCITS ETF (03036.HK) at 2.65%.
Of 41 Southbound products, 12 rose, one closed flat and 28 fell; among the 10 ETFs newly admitted to the Stock Connect list from November 9, six gained and four declined, with CSOP FTSE Asia Tech and Dividend Index ETF (03473.HK) up 0.70% and Value Partners HK-US Dividend Low Volatility ETF (03488.HK) up 0.61%.

On November 9, 2026, India and Japan themes led the Hong Kong ETF market. India, Japan, copper, innovative finance, Taiwan semiconductor and gold miner directions topped the gainers, with no top-ten gain below 2.65%. On the downside, technology, solar, Korea and HK-Korea technology themes eased modestly, with the largest loss at 3.83%. Among Southbound (Stock Connect) ETFs, biotech and dividend products edged up while Hang Seng TECH and HK-Korea technology names declined.

Leadership was concentrated in India themes. ChinaAMC MSCI India ETF (03404.HK), managed by China Asset Management (Hong Kong) Limited, rose 5.99% to top the gainers list; iShares Core S&P BSE SENSEX India ETF (02836.HK), managed by BlackRock Asset Management North Asia Limited, rose 4.81%, tracking the S&P BSE SENSEX 50 Index.

Two Japan ETFs made the top ten. Hang Seng Japan TOPIX 100 Index ETF (03410.HK), managed by Hang Seng Investment Management Limited, rose 3.71%, tracking the TOPIX Total Return Index; the same ETF had ranked among the top ten decliners on November 6 with a 6.59% drop. Global X Japan Global Leaders ETF (03150.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 3.46%, tracking the FactSet Japan Global Leaders Index.

Copper and innovative finance themes also performed. Global X Copper Miners ETF (03014.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 3.20%; Global X Innovative Finance ETF (03185.HK), managed by the same company, rose 3.06%.

Taiwan semiconductor and gold miner themes rose in tandem. Fubon ICE FactSet Taiwan Core Semiconductor Index ETF (03076.HK), managed by Fubon Fund Management (Hong Kong) Limited, rose 2.96%, tracking the ICE FactSet Taiwan Core Semiconductor 10% OTC Weight Cap Index; E Fund (HK) Solactive Global Gold Miner Select Index ETF (02824.HK), managed by E Fund Management (Hong Kong) Co., Limited, rose 2.95%; Premia FTSE TWSE Taiwan 50 ETF (03453.HK), managed by Premia Partners Company Limited, rose 2.91%, tracking the FTSE TWSE Taiwan 50 Index (30% Capped); Xtrackers MSCI Taiwan UCITS ETF (03036.HK), managed by DWS Investment S.A., rose 2.65%.

Hong Kong Equity ETFs — Top 10 Gainers (November 9, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	03404.HK	ChinaAMC MSCI India ETF	5.99	—	China Asset Management (Hong Kong) Limited
2	02836.HK	iShares Core S&P BSE SENSEX India ETF	4.81	S&P BSE SENSEX 50 Index	BlackRock Asset Management North Asia Limited
3	03410.HK	Hang Seng Japan TOPIX 100 Index ETF	3.71	TOPIX Total Return Index	Hang Seng Investment Management Limited
4	03150.HK	Global X Japan Global Leaders ETF	3.46	FactSet Japan Global Leaders Index (Net Total Return)	Mirae Asset Global Investments (Hong Kong) Limited
5	03014.HK	Global X Copper Miners ETF	3.20	—	Mirae Asset Global Investments (Hong Kong) Limited
6	03185.HK	Global X Innovative Finance ETF	3.06	—	Mirae Asset Global Investments (Hong Kong) Limited
7	03076.HK	Fubon ICE FactSet Taiwan Core Semiconductor Index ETF	2.96	ICE FactSet Taiwan Core Semiconductor 10% OTC Weight Cap Index (NTR)	Fubon Fund Management (Hong Kong) Limited
8	02824.HK	E Fund (HK) Solactive Global Gold Miner Select Index ETF	2.95	—	E Fund Management (Hong Kong) Co., Limited
9	03453.HK	Premia FTSE TWSE Taiwan 50 ETF	2.91	FTSE TWSE Taiwan 50 Index (30% Capped)	Premia Partners Company Limited
10	03036.HK	Xtrackers MSCI Taiwan UCITS ETF	2.65	—	DWS Investment S.A.
Source/Compilation: Wind / NewTimeSpace, as of the close on November 9, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

On the downside, technology led the declines. Guotai Haitong Global Future Tech ETF (03585.HK), managed by Haitong International Asset Management (HK) Limited, fell 3.83%, the largest decliner of the day, tracking the CCX Global Future Tech Index.

Solar and clean energy themes pulled back. CSOP Huatai-PineBridge CSI Photovoltaic Industry ETF (03134.HK), managed by CSOP Asset Management Limited, fell 2.64%, tracking the CSI Photovoltaic Industry Index; Global X China Clean Energy ETF (02809.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 1.48%, tracking the Solactive China Clean Energy Index.

Korea and HK-Korea technology themes fell broadly. CSOP KOSPI 200 ETF (03121.HK), managed by CSOP Asset Management Limited, fell 2.34%; CSOP KOSPI 200 Covered Call Active ETF (03537.HK), managed by the same company, fell 1.80%; Xtrackers MSCI Korea UCITS ETF (02848.HK), managed by DWS Investment S.A., fell 1.73%; CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK), managed by CSOP Asset Management Limited, fell 1.71%; Global X KOSPI 200 ETF (03408.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 1.46%, tracking the KOSPI 200 Index. Four Korea-related ETFs entered the losers list.

AI and internet themes also weakened modestly. ICBC UBS HK-Global Artificial Intelligence ETF (03587.HK), managed by ICBC UBS Asset Management (International) Company Limited, fell 1.44%; ICBC UBS KraneShares KWEB CSI China Internet ETF (03102.HK), managed by the same company, fell 1.37%, tracking the CSI China Internet Index.

Hong Kong Equity ETFs — Top 10 Losers (November 9, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	03585.HK	Guotai Haitong Global Future Tech ETF	-3.83	CCX Global Future Tech Index (HKD NTR)	Haitong International Asset Management (HK) Limited
2	03134.HK	CSOP Huatai-PineBridge CSI Photovoltaic Industry ETF	-2.64	CSI Photovoltaic Industry Index	CSOP Asset Management Limited
3	03121.HK	CSOP KOSPI 200 ETF	-2.34	—	CSOP Asset Management Limited
4	03537.HK	CSOP KOSPI 200 Covered Call Active ETF	-1.80	—	CSOP Asset Management Limited
5	02848.HK	Xtrackers MSCI Korea UCITS ETF	-1.73	—	DWS Investment S.A.
6	03431.HK	CSOP FTSE HK-Korea Tech+ Index ETF	-1.71	—	CSOP Asset Management Limited
7	02809.HK	Global X China Clean Energy ETF	-1.48	Solactive China Clean Energy Index (Net Total Return)	Mirae Asset Global Investments (Hong Kong) Limited
8	03408.HK	Global X KOSPI 200 ETF	-1.46	KOSPI 200 Index	Mirae Asset Global Investments (Hong Kong) Limited
9	03587.HK	ICBC UBS HK-Global Artificial Intelligence ETF	-1.44	—	ICBC UBS Asset Management (International) Company Limited
10	03102.HK	ICBC UBS KraneShares KWEB CSI China Internet ETF	-1.37	CSI China Internet Index	ICBC UBS Asset Management (International) Company Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on November 9, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Among the 41 Southbound (Stock Connect) ETFs, 12 rose, one closed flat and 28 declined, with biotech and dividend products edging higher while Hang Seng TECH and HK-Korea technology names led the declines.

The top five gainers were: CSOP Hang Seng Biotech ETF (03174.HK), up 1.28% to lead; ChinaAMC Hang Seng Biotech ETF (03069.HK), up 1.19%; E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF (03483.HK), up 0.93%; CSOP FTSE Asia Tech and Dividend Index ETF (03473.HK), up 0.70%; and Value Partners HK-US Dividend Low Volatility ETF (03488.HK), up 0.61%.

The top five decliners were: CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK), down 1.71% to lead; Global X Hang Seng TECH ETF (02837.HK), down 1.11%; CMS Hang Seng Tech Index ETF (03423.HK), down 1.03%; ChinaAMC Hang Seng Tech ETF (03088.HK), down 0.87%; and CSOP Hang Seng Tech Index ETF (03033.HK), down 0.80%.

Of the 10 ETFs newly admitted to the Stock Connect eligible list from November 9, six rose and four declined: CSOP FTSE Asia Tech and Dividend Index ETF and Value Partners HK-US Dividend Low Volatility ETF ranked fourth and fifth among Southbound gainers at 0.70% and 0.61%, while Hang Seng High Dividend 30 Index ETF (03466.HK) and ChinaAMC HK-US AI ETF (03140.HK) fell 0.42% and 0.45%.

Southbound (Stock Connect) ETFs — Gainers and Losers (November 9, 2026)
Rank	Code	Name	Change	Underlying Index	Manager
Gain 1	03174.HK	CSOP Hang Seng Biotech ETF	1.28	Hang Seng Biotech Index	CSOP Asset Management Limited
Gain 2	03069.HK	ChinaAMC Hang Seng Biotech ETF	1.19	Hang Seng Biotech Index	China Asset Management (Hong Kong) Limited
Gain 3	03483.HK	E Fund (HK) MSCI Asia Pacific Select High Dividend Index ETF	0.93	MSCI Asia Pacific Select High Dividend Index (HKD, Net Return)	E Fund Management (Hong Kong) Co., Limited
Gain 4	03473.HK	CSOP FTSE Asia Tech and Dividend Index ETF	0.70	FTSE ETF Connect Asia Tech & Succession Index (Net Total Return)	CSOP Asset Management Limited
Gain 5	03488.HK	Value Partners HK-US Dividend Low Volatility ETF	0.61	CCX HK-US Dividend Low Volatility Index (HKD, Net Return)	Value Partners Hong Kong Limited
Loss 5	03033.HK	CSOP Hang Seng Tech Index ETF	-0.80	Hang Seng TECH Index	CSOP Asset Management Limited
Loss 4	03088.HK	ChinaAMC Hang Seng Tech ETF	-0.87	Hang Seng TECH Index	China Asset Management (Hong Kong) Limited
Loss 3	03423.HK	CMS Hang Seng Tech Index ETF	-1.03	Hang Seng TECH Index	CMS Asset Management (HK) Co., Limited
Loss 2	02837.HK	Global X Hang Seng TECH ETF	-1.11	Hang Seng TECH Index	Mirae Asset Global Investments (Hong Kong) Limited
Loss 1	03431.HK	CSOP FTSE HK-Korea Tech+ Index ETF	-1.71	—	CSOP Asset Management Limited
Source/Compilation: Choice / NewTimeSpace, as of the close on November 9, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Data from NewTimeSpace Research Institute shows that the market split between regional-market strength and technology-theme weakness on November 9. Gains were driven by India, Japan, copper, innovative finance, Taiwan semiconductor and gold miner directions, with no top-ten gain below 2.65%; Hang Seng Japan TOPIX 100 Index ETF and Global X Copper Miners ETF, which had fallen 6.59% and 7.45% on November 6, both turned higher. Declines were concentrated in technology, solar and Korea themes, with four Korea-related ETFs entering the losers list and the largest loss at 3.83%. On the Southbound side, biotech and dividend products edged up while Hang Seng TECH and HK-Korea technology names led the declines, broadly in line with the overall market direction.

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