HK shares ETFs Daily Report: Value Partners Optical Communication Active ETF Rises 10.23% to Lead as Technology Hardware Rebounds Broadly — November 10, 2026

NewTimeSpace · 2026/11/10 16:54 · By Xuran Lin

On November 10, 2026, technology hardware rebounded across the Hong Kong ETF market while dividend products eased. Value Partners Optical Communication Active ETF (02811.HK) rose 10.23% to lead, with all top-ten gainers up at least 5.75%, including three Korea-related and two semiconductor products; dividend names slipped, led by Ping An of China CSI HK Dividend ETF (03070.HK) and Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK), both down 1.07%.

Key Highlights:

The three Korea-related gainers were Global X KOSPI 200 ETF (03408.HK) up 6.99%, CSOP KOSPI 200 ETF (03121.HK) up 6.69% and Xtrackers MSCI Korea UCITS ETF (02848.HK) up 5.84%.
AI and semiconductor names filled most of the rest of the list: Global X AI Infrastructure ETF (03401.HK) at 7.35%, Samsung Bloomberg Global Semiconductor ETF (03132.HK) at 6.72%, CSOP Solactive Asia AI Bottleneck Index ETF (03499.HK) at 6.39%, Value Partners Printed Circuit Board Active ETF (02813.HK) at 6.36%, Fubon ICE FactSet Taiwan Core Semiconductor Index ETF (03076.HK) at 6.28% and CSOP Hang Seng Pioneer Technology Index ETF (03149.HK) at 5.75%.
Declines were confined to dividend, high-yield and regional broad-market names and ranged only from -0.06% to -1.07%; on the Southbound side, E Fund (HK) FTSE AI Select Index ETF (03489.HK) led gainers at 3.80% while Bosera China Reform HK Central-SOEs High Dividend Yield Index ETF led decliners at -1.07%.

On November 10, 2026, technology hardware rebounded broadly in the Hong Kong ETF market while dividend and defensive products pulled back. Optical communication, AI infrastructure, Korea, semiconductor, AI bottleneck, PCB and pioneer technology directions led the gainers, with no top-ten gain below 5.75%. On the downside, dividend, high-yield and regional broad-market themes eased modestly, with the largest loss at 1.07%. Among Southbound (Stock Connect) ETFs, technology themes rose collectively while dividend and broad-market products slipped.

Leadership came from optical communication. Value Partners Optical Communication Active ETF (02811.HK), managed by Value Partners Hong Kong Limited, rose 10.23% to top the gainers list; it is an actively managed product. Value Partners Printed Circuit Board Active ETF (02813.HK), managed by the same company, rose 6.36%.

AI infrastructure and AI bottleneck themes rose sharply. Global X AI Infrastructure ETF (03401.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 7.35%; CSOP Solactive Asia AI Bottleneck Index ETF (03499.HK), managed by CSOP Asset Management Limited, rose 6.39%.

Korea themes strengthened collectively. Global X KOSPI 200 ETF (03408.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, rose 6.99%, tracking the KOSPI 200 Index; CSOP KOSPI 200 ETF (03121.HK), managed by CSOP Asset Management Limited, rose 6.69%; Xtrackers MSCI Korea UCITS ETF (02848.HK), managed by DWS Investment S.A., rose 5.84%. Three Korea-related ETFs entered the top ten gainers.

Semiconductor and pioneer technology themes rose in tandem. Samsung Bloomberg Global Semiconductor ETF (03132.HK), managed by Samsung Asset Management (Hong Kong) Limited, rose 6.72%; Fubon ICE FactSet Taiwan Core Semiconductor Index ETF (03076.HK), managed by Fubon Fund Management (Hong Kong) Limited, rose 6.28%, tracking the ICE FactSet Taiwan Core Semiconductor 10% OTC Weight Cap Index; CSOP Hang Seng Pioneer Technology Index ETF (03149.HK), managed by CSOP Asset Management Limited, rose 5.75%, tracking the Hang Seng Pioneer Technology Index.

Hong Kong Equity ETFs — Top 10 Gainers (November 10, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	02811.HK	Value Partners Optical Communication Active ETF	10.23	—	Value Partners Hong Kong Limited
2	03401.HK	Global X AI Infrastructure ETF	7.35	—	Mirae Asset Global Investments (Hong Kong) Limited
3	03408.HK	Global X KOSPI 200 ETF	6.99	KOSPI 200 Index	Mirae Asset Global Investments (Hong Kong) Limited
4	03132.HK	Samsung Bloomberg Global Semiconductor ETF	6.72	—	Samsung Asset Management (Hong Kong) Limited
5	03121.HK	CSOP KOSPI 200 ETF	6.69	—	CSOP Asset Management Limited
6	03499.HK	CSOP Solactive Asia AI Bottleneck Index ETF	6.39	—	CSOP Asset Management Limited
7	02813.HK	Value Partners Printed Circuit Board Active ETF	6.36	—	Value Partners Hong Kong Limited
8	03076.HK	Fubon ICE FactSet Taiwan Core Semiconductor Index ETF	6.28	ICE FactSet Taiwan Core Semiconductor 10% OTC Weight Cap Index (NTR)	Fubon Fund Management (Hong Kong) Limited
9	02848.HK	Xtrackers MSCI Korea UCITS ETF	5.84	—	DWS Investment S.A.
10	03149.HK	CSOP Hang Seng Pioneer Technology Index ETF	5.75	Hang Seng Pioneer Technology Index (NTR)	CSOP Asset Management Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on November 10, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

On the downside, dividend and high-yield products pulled back broadly. Ping An of China CSI HK Dividend ETF (03070.HK), managed by Ping An of China Asset Management (Hong Kong) Company Limited, and Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK), managed by Bosera Asset Management (International) Co., Limited, both fell 1.07% to share the bottom of the decliners list, tracking the CSI Hong Kong Dividend Index and the China Reform HK Central-SOEs High Dividend Index respectively.

Two ChinaAMC Hong Kong high-dividend products fell together: ChinaAMC FTSE Hong Kong High Dividend ETF (03590.HK) declined 0.59% and ChinaAMC FTSE Hong Kong High Dividend ETF (Accu Listed Class) (03592.HK) declined 0.49%, both being listed classes of the same fund. ChinaAMC Franklin HK-US Equity Cash Flow Focus ETF (03520.HK), managed by the same company, fell 0.39%.

Regional and high-dividend themes eased modestly. Galaxy Bosera MSCI China ASEAN Economic Linkage Select Index ETF (02805.HK), managed by Bosera Asset Management (International) Co., Limited, fell 0.27%; Global X K-Pop and Culture ETF (03158.HK), managed by Mirae Asset Global Investments (Hong Kong) Limited, fell 0.18%, tracking the Solactive K-Pop and Culture Index; Hang Seng High Dividend 30 Index ETF (03466.HK), managed by Hang Seng Investment Management Limited, fell 0.16%, tracking the Hang Seng High Dividend 30 Index; Hang Seng China Enterprises Index ETF (02828.HK), managed by the same company, fell 0.14%, tracking the Hang Seng China Enterprises Index; Fubon Hang Seng Shanghai-Shenzhen-Hong Kong High Dividend ETF (03190.HK), managed by Fubon Fund Management (Hong Kong) Limited, fell 0.06%, tracking the Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index.

Hong Kong Equity ETFs — Top 10 Losers (November 10, 2026)
Rank	Code	Name	Change (%)	Underlying Index	Manager
1	03070.HK	Ping An of China CSI HK Dividend ETF	-1.07	CSI Hong Kong Dividend Index	Ping An of China Asset Management (Hong Kong) Company Limited
2	03437.HK	Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF	-1.07	China Reform HK Central-SOEs High Dividend Index	Bosera Asset Management (International) Co., Limited
3	03590.HK	ChinaAMC FTSE Hong Kong High Dividend ETF	-0.59	FTSE Hong Kong High Income Low Volatility Net Tax Index (NTR)	China Asset Management (Hong Kong) Limited
4	03592.HK	ChinaAMC FTSE Hong Kong High Dividend ETF (Accu Listed Class)	-0.49	FTSE Hong Kong High Income Low Volatility Net Tax Index (NTR)	China Asset Management (Hong Kong) Limited
5	03520.HK	ChinaAMC Franklin HK-US Equity Cash Flow Focus ETF	-0.39	—	China Asset Management (Hong Kong) Limited
6	02805.HK	Galaxy Bosera MSCI China ASEAN Economic Linkage Select Index ETF	-0.27	—	Bosera Asset Management (International) Co., Limited
7	03158.HK	Global X K-Pop and Culture ETF	-0.18	Solactive K-Pop and Culture Index (Net Total Return)	Mirae Asset Global Investments (Hong Kong) Limited
8	03466.HK	Hang Seng High Dividend 30 Index ETF	-0.16	Hang Seng High Dividend 30 Index	Hang Seng Investment Management Limited
9	02828.HK	Hang Seng China Enterprises Index ETF	-0.14	Hang Seng China Enterprises Index	Hang Seng Investment Management Limited
10	03190.HK	Fubon Hang Seng Shanghai-Shenzhen-Hong Kong High Dividend ETF	-0.06	Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index	Fubon Fund Management (Hong Kong) Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on November 10, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Among Southbound (Stock Connect) ETFs, technology themes rose collectively while dividend and broad-market products slipped, with the direction of declines broadly in line with the overall market.

The top five gainers were: E Fund (HK) FTSE AI Select Index ETF (03489.HK), up 3.80% to lead; CSOP FTSE HK-Korea Tech+ Index ETF (03431.HK), up 3.42%; ChinaAMC HK-US AI ETF (03140.HK), up 2.17%; Ping An Tech Select ETF (03406.HK), up 1.96%; and CSOP Hang Seng HK-US TECH ETF (03442.HK), up 1.85%.

The top five decliners were: Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF (03437.HK), down 1.07% to lead; Galaxy Bosera MSCI China ASEAN Economic Linkage Select Index ETF (02805.HK), down 0.27%; Hang Seng High Dividend 30 Index ETF (03466.HK), down 0.16%; Hang Seng China Enterprises Index ETF (02828.HK), down 0.14%; and Fubon Hang Seng Shanghai-Shenzhen-Hong Kong High Dividend ETF (03190.HK), down 0.06%.

Southbound (Stock Connect) ETFs — Gainers and Losers (November 10, 2026)
Rank	Code	Name	Change	Underlying Index	Manager
Gain 1	03489.HK	E Fund (HK) FTSE AI Select Index ETF	3.80	FTSE Custom Global AI Select Index (Net Return)	E Fund Management (Hong Kong) Co., Limited
Gain 2	03431.HK	CSOP FTSE HK-Korea Tech+ Index ETF	3.42	—	CSOP Asset Management Limited
Gain 3	03140.HK	ChinaAMC HK-US AI ETF	2.17	—	China Asset Management (Hong Kong) Limited
Gain 4	03406.HK	Ping An Tech Select ETF	1.96	Wind Technology Select Index (HKD, Net Return)	Ping An of China Asset Management (Hong Kong) Company Limited
Gain 5	03442.HK	CSOP Hang Seng HK-US TECH ETF	1.85	Hang Seng HK-US Technology Index	CSOP Asset Management Limited
Loss 5	03190.HK	Fubon Hang Seng Shanghai-Shenzhen-Hong Kong High Dividend ETF	-0.06	Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index	Fubon Fund Management (Hong Kong) Limited
Loss 4	02828.HK	Hang Seng China Enterprises Index ETF	-0.14	Hang Seng China Enterprises Index	Hang Seng Investment Management Limited
Loss 3	03466.HK	Hang Seng High Dividend 30 Index ETF	-0.16	Hang Seng High Dividend 30 Index	Hang Seng Investment Management Limited
Loss 2	02805.HK	Galaxy Bosera MSCI China ASEAN Economic Linkage Select Index ETF	-0.27	—	Bosera Asset Management (International) Co., Limited
Loss 1	03437.HK	Bosera China Reform Hong Kong Central-SOEs High Dividend Yield Index ETF	-1.07	China Reform HK Central-SOEs High Dividend Index	Bosera Asset Management (International) Co., Limited
Source/Compilation: Wind / NewTimeSpace, as of the close on November 10, 2026. Coverage: HKD-denominated equity ETFs listed in Hong Kong only.

Data from NewTimeSpace Research Institute shows that the market's direction reversed from the previous session on November 10. The India and Japan themes that led on November 9 did not appear among the top gainers. Among the names that had led the declines on November 9, Guotai Haitong Global Future Tech ETF and the Korea theme turned higher, with three Korea-related ETFs entering the gainers list, while the solar theme failed to make the list. Gains were driven by optical communication, AI infrastructure, Korea, semiconductor and AI bottleneck directions, with no top-ten gain below 5.75%; Value Partners Optical Communication Active ETF and Value Partners Printed Circuit Board Active ETF, which had fallen 5.96% and 8.31% on November 6, surged on the day. Declines were concentrated in dividend, high-yield and regional broad-market themes, with the largest loss at 1.07% and a gap of more than 11.3 percentage points between the top gainer and the top decliner. On the Southbound side, technology themes rose collectively while dividend and broad-market products slipped, broadly in line with the overall market direction.

HK Shares ETFs Daily Report Value Partners Optical Communication Active ETF 02811.HK Ping An of China CSI HK Dividend ETF 03070.HK