CSOP Targets Hong Kong’s Emerging AI Firms With New Technology ETF

CSOP has launched the CSOP Hang Seng Pioneer Technology Index ETF (3149.HK) on HKEX with a 0.99% management fee. The fund tracks the Hang Seng Pioneer Technology Index’s net total return version, covering 30 Hong Kong-listed technology innovators spanning AI chips, foundation models, robotics and autonomous driving. Constituents include UBTECH Robotics, Horizon Robotics, SenseTime, MiniMax and Biren Technology. Reviewed quarterly, the index caps individual holdings at 8% and limits companies ineligible for Stock Connect to a combined 35% weight. The ETF uses physical and synthetic representative sampling to provide exposure to these emerging technology businesses.