首只！中证A500 ETF登陆港交所

Core Viewpoint - The Southbound East Asia Huatai-Pinebridge CSI A500 ETF has been listed on the Hong Kong Stock Exchange, marking a significant step in the internationalization of China's core broad-based ETFs, providing a new channel for global investors to access A-shares [2][4][5]. Group 1: Product Launch and Features - The Southbound East Asia Huatai-Pinebridge CSI A500 ETF (stock code: 3101.HK) was launched on January 28, with an initial price of approximately HKD 7.9 per share and a management fee of 0.99% [4]. - The ETF aims to invest at least 90% of its net assets directly in the Huatai-Pinebridge A500 ETF, allowing international investors to indirectly invest in a basket of quality listed companies in the mainland market [4][5]. - The Huatai-Pinebridge A500 ETF is the largest product tracking the CSI A500 index in the mainland, with a scale of CNY 462.65 billion as of January 26, making it the top product in its category [5][9]. Group 2: Market Context and Trends - The trend of "buying Chinese funds" has gained momentum globally, with broad-based indices like the CSI A500 becoming key players in international asset allocation [7]. - The CSI A500 index employs an "industry-neutral" methodology, covering 35 secondary industries and over 70% of new economy-related sectors, aligning with China's high-quality economic development and industrial upgrading [7]. - The current period is seen as a strategic window for overseas funds to increase their allocation to Chinese assets, supported by domestic growth policies and a recovering economic environment [7]. Group 3: Internationalization Efforts - Since its launch on September 23, 2024, the number of ETFs tracking the CSI A500 index has reached 40, with a total scale exceeding CNY 280 billion, making it the second-largest index product in the mainland market after the CSI 300 [9]. - The internationalization of the CSI A500 index is accelerating, with a partnership between DWS and Harvest Global Investments to launch an ETF tracking the index in October 2025 [10]. - On January 20, the Southbound East Asia CSI A500 Index ETF was listed on the Singapore Exchange, allowing Singaporean investors to trade the ETF conveniently with a minimum investment of just 1 Singapore dollar [10].