CSOP lists Hang Seng Pioneer Technology ETF on HKEX

CSOP has listed the CSOP Hang Seng Pioneer Technology Index ETF (3149.HK) on the Hong Kong Stock Exchange. The fund seeks to deliver returns, before fees and expenses, that closely correspond to the net total return version of the Hang Seng Pioneer Technology Index. It began trading at a reference price around HKD7.8 per unit, with a board lot of 100 units and a management fee of 0.99 percent. CSOP says the ETF uses a combination of physical representative sampling and synthetic representative sampling to replicate the Index while managing tracking error and trading efficiency.

The Hang Seng Pioneer Technology Index comprises 30 eligible securities and is reviewed quarterly. The Index applies an 8 percent cap to each constituent and limits the combined weight of stocks not eligible for Stock Connect trading to 35 percent. The Index’s top 10 constituents include UBTECH Robotics, Innoscience, Horizon Robotics-W, SenseTime-W, Hesai-W, MiniMax-W, Biren Technology, Z.AI, WeRide-W and Montage Technology.

Ding Chen, CSOP’s chief executive, commented: “Hong Kong is emerging as an important listing venue for a new generation of AI and technology innovators. We believe these companies are well positioned to benefit from structural demand growth and China’s accelerating AI development.”

CSOP cited data on three technology areas. TrendForce estimated in August 2026 that domestically developed AI chips would account for nearly 90 percent of China’s AI chip market in 2026, up from 45 percent in 2025. CSOP noted that Chinese large language models accounted for 62 percent of AI applications by end-2025, compared with 32 percent for U.S. models. Smart Analytics Global data show Chinese humanoid robot manufacturers accounted for more than 97 percent of global shipments in the first half of 2026. The Hurun Global Unicorn Index 2026 lists 32 of the world’s 50 robotics unicorns as based in China and 15 in the United States. CSOP also pointed to policy support and a large domestic market as factors behind increased technological self-reliance.

CSOP says the ETF is intended to give investors targeted exposure to emerging technology companies listed in Hong Kong that the Index identifies as driving innovation and showing strong sales growth, while using portfolio caps and quarterly reviews to limit concentration risk.