Hong Kong, April 24, 2026 Ping An Insurance (Group) Company of China, Ltd. ("Ping An Group") offshore asset management platform - Ping An Asset Management (Hong Kong) Co., Ltd. ("Ping An Asset Management (Hong Kong)" or "the Company") is pleased to announce that two of its exchange-traded funds (ETFs) - Ping An East-West Equity Selection ETF (Securities Code: 3477 [HKD counter] / 9477 [USD counter])andPing An Technology Selection ETF (Securities Code: 3406 [HKD counter] / 9406 [USD counter])- will be included in the Southbound Stock Connect and available for trading starting May 6, 2026.
The Ping An East-West Stock Selection ETF closely tracks the performance of the Solactive Global Pacific Stock Selection Index (before fees and expenses). This index is a net total return, free-float market capitalization-weighted index, covering a diversified portfolio of securities listed in Hong Kong and the United States. Its performance reflects the reinvestment of dividends and distributions (after withholding tax) from the constituent stocks.
The Ping An Technology Selection ETF closely tracks the performance of the Wind Technology Selection Index (before fees and expenses). This index is also a net total return, free-float market capitalization-weighted index, primarily tracking the overall performance of the largest technology companies by market capitalization listed in mainland China and the United States. The constituent stocks cover industries such as artificial intelligence, internet, semiconductors, smart vehicles, and intelligent manufacturing.
The stock exchanges of Mainland China and Hong Kong announced in April 2024 the expansion of the southbound Stock Connect mechanism to include more ETFs. According to the expanded eligibility criteria, the weighting of HKEX-listed and Shanghai-Hong Kong Stock Connect eligible stocks in the ETF's target index has been relaxed to no less than 60%.[1]The first batch of such ETF products began to be included in southbound Stock Connect trading in 2025.
"The '60/40 ETF' offers mainland investors a new channel to access overseas markets using RMB via the Shanghai-Hong Kong Stock Connect. These two products cater to different needs of investors looking to allocate assets between Hong Kong and US stocks," said Mr. Wang Xinyi, Head of Capital Markets and Chief Investment Officer of Ping An Asset Management (Hong Kong). "The Ping An East-West Equity Selection ETF uses a 'barbell' allocation combining high-dividend Hong Kong stocks with core US blue-chip equities, responding to investor demand for diversified returns and quality growth; the Ping An Technology Selection ETF focuses on leading listed technology companies from mainland China and the US, helping investors capitalize on innovation opportunities driven by artificial intelligence. While balancing growth and stable returns, both products maintain relatively low fees compared to similar offerings."”
About Ping An Asset Management (Hong Kong) Limited
Ping An Asset Management (Hong Kong) Limited is a wholly owned subsidiary of Ping An Insurance Overseas (Holdings) Limited, which is part of Ping An Insurance (Group) Company of China, Ltd. (2318.HK, 601318.SH), established in 2006. Ping An Asset Management (Hong Kong) holds Type 1, Type 4, and Type 9 licenses issued by the Securities and Futures Commission of Hong Kong (“SFC”), allowing it to engage in securities trading, providing advice on securities, and offering asset management services. As a leading asset management firm, the company possesses strong investment research capabilities and acts as an organizer, delivering comprehensive investment management solutions including global equities, fixed income, ETFs, structured products, and alternative investments. For more information, visit: asset.pingan.com.hk (this website has not been reviewed by the SFC).
Important disclaimer
This press release was issued by Ping An Asset Management (Hong Kong). It is not an offer to invest. Investment involves risks; historical performance of any product referenced in this press release (“the Product”) does not guarantee future returns. Due to market fluctuations, the value of the Product may fluctuate, and there is a risk of principal loss. Investors should carefully read the sales documents of the Product to obtain further information, including risk factors, and consider their own financial situation and the risks associated with the fund. If in doubt, seek independent financial and professional advice. Sales documents can be found on the Ping An Asset Management (Hong Kong) website. This press release and the Ping An Asset Management (Hong Kong) website have not been reviewed by the SFC.
Risk Disclosure
• The Ping An East-West Equity Select ETF (“East-West Equity Select ETF” or “this Fund”) is an exchange-traded index-tracking fund that aims to track the performance of the Solactive Global Pacific Equity Select HKD Net Return Index (hereinafter referred to as the “Underlying Index”). The return of this Fund may deviate from the return of the tracked Underlying Index.
• This Fund tracks the performance of two regions (Hong Kong and the United States), so the Fund faces concentration risk. Changes in economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory events, as well as settlement or custodial risks in these regions, may also adversely affect the investment value of this Fund.
• There is no guarantee of principal repayment. Your investment in the Fund may result in losses.
• The trading price of the East-West Equity Select ETF units on the Stock Exchange may be bought or sold at a premium/discount to net asset value due to market factors (e.g., supply and demand for the fund units). Additionally, the degree of premium or discount of the unit price to net asset value may increase due to differences in trading hours between these overseas stock exchanges and the Stock Exchange.
• Investment involves risks, and the East-West Equity Select ETF may not be suitable for all investors. Investors should carefully read the prospectus and product data summary of this fund to further understand the details (including various risk factors) and should consider their own investment objectives and other circumstances before investing.
• The index investment approach of this fund aims to achieve investment performance closely aligned with the relevant index by using a replication strategy or a representative sampling strategy (see the description of investment strategies in the prospectus and product data summary of this fund).
• The Ping An Technology Selection ETF (“Technology Selection ETF” or “the Fund”) is an exchange-traded index-tracking fund designed to track the performance of the Wind Technology Selection Index (referred to as the “Underlying Index”). The Fund’s returns may deviate from those of the tracked Underlying Index.
• The Fund tracks the performance of the largest publicly traded technology companies by market capitalization in two regions (mainland China and the United States) and is therefore exposed to concentration risk. Changes in economic, political, policy, foreign exchange, liquidity, tax, social, legal, or regulatory events in these regions, as well as settlement or custody risks, may adversely affect the investment value of the Fund.
• There is no guarantee of principal repayment. Your investment in the Fund may result in losses.
• The trading price of the Technology Select ETF units on the Stock Exchange may be bought or sold at a premium/discount to net asset value due to market factors (e.g., supply and demand for the fund units). Additionally, the degree of premium or discount of the unit price to net asset value may increase due to differences in trading hours between these overseas stock exchanges and the Stock Exchange.
• Investment involves risks, and the Ping An Technology Select ETF may not be suitable for all investors. Investors should carefully read the prospectus and product data summary of this fund to further understand the details (including various risk factors) and should consider their own investment objectives and other circumstances before investing.
• The index investment approach of this fund aims to achieve investment performance closely aligned with the relevant index by using a replication strategy or a representative sampling strategy (see the description of investment strategies in the prospectus and product data summary of this fund).
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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