HSBC Hang Seng Tech

ETF description

The HSBC Hang Seng Tech ETF provides investors with exposure to the technology sector of the Hong Kong market by tracking the Hang Seng Tech index. This ETF includes a diverse range of technology companies listed on the Hong Kong Stock Exchange, focusing on firms that are integral to the tech industry’s development and growth in the region. The ETF aims to capture the performance of leading tech stocks in Hong Kong, offering investors a way to participate in the growth of technology within the Asian market. It is designed for those seeking targeted exposure to the technology sector through a fund that focuses on high‑growth tech companies in Hong Kong.

Issuer details

HSBC Global Asset Management is a leading asset management firm and subsidiary of HSBC Holdings plc. With over $500 billion in assets under management as of June 2024, HSBC offers many investment products, including ETFs and covers various market segments. Established in 1973, HSBC Global Asset Management has a global presence with a particular focus on emerging markets, leveraging its expertise in these regions. Notable ETFs include the HSBC MSCI Emerging Markets UCITS ETF and the HSBC S&P 500 UCITS ETF, reflecting HSBC’s focus on providing exposure to global markets and diversified investment options.

Index details

The Hang Seng Tech index offers targeted exposure to the leading technology companies listed on the Hong Kong Stock Exchange. This index includes a diverse range of technology firms, capturing the performance of prominent players in sectors such as software, hardware, and digital services. By focusing on the tech sector within the Hong Kong market, the index aims to provide investors with a concentrated view of the innovation and growth potential inherent in the region’s technology industry. Its composition reflects both large‑cap and emerging tech companies, making it a valuable addition for portfolios seeking to capitalize on advancements in technology and digital transformation within one of Asia’s key financial hubs.