Ping An HK Lists AI and Healthcare ETFs on SEHK

Ping An of China Asset Management (Hong Kong) Company Limited (PAAMC HK) announced today the listing of two new exchange-traded funds (ETFs) on the Stock Exchange of Hong Kong (SEHK). The newly launched funds are the Ping An AI Select ETF and the Ping An Healthcare 50 Select ETF. These listings aim to expand PAAMC HK's product offerings and meet investor demand for growth-themed investment opportunities.

The Ping An AI Select ETF tracks the Solactive G2 Artificial Intelligence Select Index NTR. This index provides exposure to artificial intelligence companies listed in Hong Kong and the United States, covering AI infrastructure, AI platforms, and AI applications. The index's constituents are dynamically updated to reflect global AI technology trends.

Similarly, the Ping An Healthcare 50 Select ETF aims to mirror the performance of the Solactive G2 Healthcare 50 Select Index NTR. This index comprises 50 leading healthcare companies listed in Hong Kong and the United States, offering investment exposure across the healthcare value chain, from R&D to commercialization, with a focus on pharmaceutical and biotechnology innovation.

PAAMC HK stated that the launch of these ETFs responds to investor demand for growth-oriented products. The company aims to provide transparent and cost-effective passive investment tools. Both new ETFs have an annual management fee of 0.55%. PAAMC HK has previously listed three other ETFs eligible for Southbound Stock Connect trading.