HSBC Hang Seng Tech UCITS ETF (HSTC)

Profile

https://oci-global.com

HSBC Hang Seng Tech UCITS ETF is an exchange-traded fund issued by HSBC ETFs Plc that tracks the Hang Seng TECH Index, which includes the 30 largest technology companies listed in Hong Kong. Launched on December 9, 2020, and domiciled in Ireland, it uses full physical replication by holding index constituents directly, with an ongoing charge of 0.50% and securities lending enabled. The ETF offers targeted exposure to China's dynamic tech sector, with key sector allocations in consumer cyclical (42.26%), communications services (28.64%), and technology (26.21%), primarily featuring China-based firms driving innovation. Top holdings such as Alibaba Group Holding (8-9%), Tencent Holdings (8%), Meituan (8%), Semiconductor Manufacturing International (8%), and NetEase (7-8%) account for roughly 70% of assets, alongside companies like BYD, Xiaomi, JD.com, and Kuaishou Technology. With assets under management surpassing HK$14 billion, it provides investors access to high-growth areas including digital transformation, e-commerce, semiconductors, and electric vehicles in Asia's evolving markets. This ETF plays a significant role in facilitating exposure to Hong Kong-listed tech leaders at the forefront of technological advancement.