The technology sector surged across the board, with significant gains in the Hang Seng Tech Index ETF, the Hang Seng Tech ETF (managed by E Fund), and other related ETFs.
The Hang Seng Index closed 1.78% higher on increased trading volume, while the Hang Seng Tech Index surged 4.22%, both reaching new phase highs. Technology and internet stocks rallied across the board, with Baidu Group soaring over 15% to hit a near two-year high and Alibaba rising more than 5%. The Hang Seng Tech Index ETF, Harvest's Hang Seng Tech ETF, the Hang Seng Tech Index Fund, and the Hang Seng Tech ETF Leader rose over 4%; the Hang Seng Tech ETF, E Fund's Hang Seng Tech ETF, the Hang Seng Tech ETF Fund, and the Hang Seng Tech HKETF climbed over 3.7%. The Hang Seng Tech ETF tracks the Hang Seng Tech Index, providing a one-stop investment in core Chinese technology assets, covering Tencent, NetEase, Alibaba, and Semiconductor Manufacturing International Corporation (SMIC).
Gelonghui FinanceSep 17 16:13