Hang Seng Investment Management announces the launch of Hang Seng AI Evolution ETF, which is expected to be listed in Hong Kong next Monday. This product tracks the Hang Seng Artificial Intelligence Theme Index and focuses on Hong Kong stock companies related to AI, covering areas such as chips, electronic devices, models, image recognition, autonomous driving, and robotics.
Product Details
The issue price per unit is HKD 7. There are 50 fund units per lot. The maximum management fee for listed category units is 0.55% per year. The estimated annual recurring expense ratio is 0.75%.
Composition Stock Scope
The constituent stocks of the index include SMIC, Huahong Semiconductor, MiniMax, Horizon Robotics, SenseTime, UBTECH, Jingtai Technology, InnoSico, Beren Technology, and Hesai, among others. Hang Seng Investment Management stated that the index covers three categories of companies: AI infrastructure, AI applications, and physical AI.
Company Statement
Huang Jinfeng, Director and Chief Executive Officer of Hang Seng Investment Management, stated that the sectors related to AI are expanding rapidly, and the fluctuations in individual shares are relatively large. The company hopes to provide investors with more direct AI allocation tools through ETF. The company also mentioned that the index has a rapid inclusion mechanism, which facilitates the tracking of newly listed AI companies.












