Haitong Launches Future Tech ETF Spanning Hong Kong, U.S., Japan and Korea

Haitong International Asset Management has launched the Guotai Haitong Global Future Tech ETF, trading in HKD (3585), RMB (83585) and USD (41585). It tracks the CCX Global Future Tech Index, covering AI computing infrastructure, the digital economy, smart mobility, new energy and advanced storage, and commercial aerospace and telecom equipment. The benchmark selects 40 Hong Kong stocks eligible for Southbound Stock Connect and 20 securities from the U.S., Japan and South Korea, allocating 62% and 38% respectively. Constituents are weighted by free-float market capitalisation, capped individually at 5% and reviewed quarterly. Companies in the overseas selection pool on specified Chinese restrictive lists are excluded. The fund primarily uses full physical replication but may adopt sampling. Its management fee is 0.90%, with estimated ongoing charges of 1.20%. Units trade in lots of 100.