Hang Seng Investment

𝐓𝐡𝐞 𝐈𝐧𝐬𝐢𝐝𝐞 𝐓𝐫𝐚𝐇𝐊: 𝐊𝐞𝐲 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐒𝐡𝐚𝐫𝐞 𝐓𝐡𝐞𝐢𝐫 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞𝐬   To mark 25 eventful years of the Tracker Fund of Hong Kong (“TraHK”), we collaborated with the South China Morning Post SCMP to interview key TraHK stakeholders from the financial industry who share their perspectives on the past, present and future significance of the fund for Hong Kong, financial innovation and investors at home and overseas.   Rosita Lee, CEO of Hang Seng Investment; and three other key Industry leaders George Hongchoy, Chairman of the Supervisory Committee of TraHK; Julia Leung, CEO of Securities and Futures Commission (SFC); and Bonnie Y Chan, CEO of Hong Kong Exchanges and Clearing Limited (HKEX) shared their unique insights and opinions, united by the common themes of TraHK’s ground-breaking status, tremendous success and more exciting growth opportunities to come.   Get the on what makes TraHK the embodiment of Hong Kong.   #HangSengInvestment #HSVM #ETF #TraHK #25thAnniversary   *Investments involve risks. Investors should seek independent advice. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.

𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐄𝐓𝐅𝐬 𝐢𝐧 𝐀𝐬𝐢𝐚’𝐬 𝐃𝐲𝐧𝐚𝐦𝐢𝐜 𝐌𝐚𝐫𝐤𝐞𝐭𝐬   Our Head of Product, Carmen C., took part in an Asian Market Access panel session to discuss how structural changes in Asia’s markets are delivering greater transparency and liquidity for international investors. The panel was organised as part of the Pan Asia Securities Lending Association’s (PASLA) 2025 Annual Conference.   Innovation emerged as a key theme of the discussion, with Carmen sharing her insights into how innovations in the ETF space have enhanced market structure and trading dynamics, leading to improved liquidity and better price discovery. Other key topics covered included what strengths ETFs offer as an investment product and opportunities around equity financing and future development.   Many thanks to PASLA for inviting Carmen to participate and to her fellow panellists for a lively and insightful session!   #HangSengInvestment #HSVM #Investment #ETF #AssetManagement #PASLA *Investments involve risks. Investors should seek independent advice. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.

𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐀𝐈 𝐞𝐱𝐩𝐨𝐬𝐮𝐫𝐞 𝐨𝐟 𝐇𝐚𝐧𝐠 𝐒𝐞𝐧𝐠 𝐓𝐄𝐂𝐇 𝐈𝐧𝐝𝐞𝐱 𝐩𝐨𝐬𝐭 𝐪𝐮𝐚𝐫𝐭𝐞𝐫𝐥𝐲 𝐢𝐧𝐝𝐞𝐱 𝐫𝐞𝐯𝐢𝐞𝐰 The Hang Seng TECH index has been under the spotlight given its robust performance spurred by China’s AI frenzy. In the latest quarterly index review, Tencent Music Entertainment Group, a music streaming provider, and Horizon Robotics, a smart driving solutions provider, replaced the other two in the index. We consider both new index members as beneficiaries of the latest AI development. Based on market close data as at February 21, after the index review, nearly half of the index constituents are beneficiaries of AI., with their index weight representation slightly increasing to 62.8%. The enhanced AI exposure is expected to continue to help the Hang Seng TECH Index ride on China’s AI momentum. #HangSengInvestment #HSVM #AI #HSTech #Investment #ETF Source: HSVM, HSIL, data as at 21 February 2025. AI beneficiaries are identified by HSVM as the companies that can leverage AI development in China in the near to middle term. *Investments involves risk (including the loss of capital invested), no one should make their investment decisions based on this content. Before investing, the relevant investment product’s offering document should be read, and independent advice should be sought. Past performance is not indicative of future performance. SFC authorization is not an endorsement or recommendation. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.

𝐃𝐞𝐞𝐩𝐒𝐞𝐞𝐤 𝐫𝐞𝐢𝐠𝐧𝐢𝐭𝐞𝐬 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐢𝐧 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐓𝐞𝐜𝐡 𝐒𝐭𝐨𝐜𝐤𝐬 The emergence of China's artificial intelligence model, DeepSeek, has significantly improved investor sentiment towards Chinese tech stocks, contributing to a strong start for the Hong Kong market this year. Notably, the Hang Seng Tech Index has ranked first globally in asset performance, with an impressive increase of 23.4% year-to-date. As investors reassess the technology gap between China and the United States, Chinese tech stocks are undergoing a revaluation process. Despite potential volatility, long-term growth prospects remain strong, with current valuations at only 65% of U.S. peers. Source: Bloomberg, HSVM, as of 14 February 2025. Bond indices are calculated based on total returns, while stock and other indices are calculated based on price returns. #HangSengInvestmenet #HSVM #AI #DeepSeek #HSTECH #ETF #Investment *Investments involves risk (including the loss of capital invested), no one should make their investment decisions based on this content. Before investing, the relevant investment product’s offering document should be read, and independent advice should be sought. Past performance is not indicative of future performance. SFC authorization is not an endorsement or recommendation. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.

𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐓𝐞𝐚𝐦 𝐒𝐩𝐢𝐫𝐢𝐭 𝐚𝐧𝐝 𝐖𝐞𝐥𝐥-𝐁𝐞𝐢𝐧𝐠 𝐚𝐭 𝐇𝐚𝐧𝐠 𝐒𝐞𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭!  On Sunday, some of our Hang Seng Investment colleagues participated in the Standard Chartered Hong Kong Marathon 2025. Congratulations to all who crossed the finish line! At Hang Seng Investment, we believe in fostering an environment where our colleagues can thrive both personally and professionally. Their pursuance to hobbies not only embodies well to our culture of promoting staff well-being and work-life balance but also showcase our collaboration and commitment to deliver. A huge shoutout to everyone who participated, cheered, and supported our runners! *HSVM does not warrant, guarantee, or represent the accuracy, validity or completeness of any information. #HangSengInvestment #HSVM #TogetherRunFurther #TeamSpirit #WorkLifeBalance #WellBeing #Marathon2025 #CompanyCulture #Community

In recent times, the financial markets have experienced fluctuations due to Chinese AI model - DeepSeek and Tariff. In HSVM CEO Rosita Lee’s latest article, she shared her recent views on these topic, as well as how to capture the opportunities in Chinese AI.   #HSVM #HangSengInvestment #AI #Investment   *Investments involve risks. Investors should seek independent advice. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.

𝐀 𝐟𝐥𝐲𝐢𝐧𝐠 𝐬𝐭𝐚𝐫𝐭 𝐭𝐨 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐧𝐚𝐤𝐞 𝐰𝐢𝐭𝐡 𝐭𝐰𝐨 𝐦𝐚𝐣𝐨𝐫 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐰𝐚𝐫𝐝𝐬   We’ve started the Year of the Snake on a high note by taking home two major awards in Asia Asset Management's Best of the Best Awards for 2025!   We are delighted and honoured to have been named Hong Kong’s ‘Best Asset Management Company (30 years)’ and ‘ETF Manager of the Year’. This recognition is a major milestone, reflecting our growth and determination to offer best-in-class services. We are incredibly proud of our team’s hard work, dedication, and commitment to excellence, which have made this achievement possible.   A heartfelt thank you to our clients, partners, and everyone who has supported us on this journey. We are looking ahead with enthusiasm and focus to continue delivering innovative solutions and exceptional service in the asset management space.   Here’s to many more successes ahead!   #HangSengInvestment #HSVM #Teamwork #Awards #AssetManagement #ETFs #Excellence   *Investments involve risks. Investors should seek independent advice. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.

𝐓𝐡𝐞 𝐓𝐫𝐚𝐜𝐤𝐞𝐫 𝐅𝐮𝐧𝐝 𝐨𝐟 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐝 𝐍𝐨. 1 𝐓𝐮𝐫𝐧𝐨𝐯𝐞𝐫 𝐨𝐧 𝐇𝐊𝐄𝐗 𝐢𝐧 2024 We are thrilled to announce that the Tracker Fund of Hong Kong (‘TraHK’) was the most traded security on HKEX for the year of 2024! This remarkable achievement means that TraHK's turnover last year surpassed that of any individual stock in Hong Kong, marking a significant milestone for the fund after we took up the manager role of TraHK.   At Hang Seng Investment, we take great pride in managing this iconic ETF, which holds a deep connection to Hong Kong and its people. We will continue to drive its development both locally and internationally, bringing TraHK to a global audience.   Source: Hang Seng Investment, Bloomberg, as of 31 Dec 2024   #HangSengInvestment #HSVM #TraHK #ETF   *Investments involves risk (including the loss of capital invested), no one should make their investment decisions based on this content. Before investing, the relevant investment product’s offering document should be read, and independent advice should be sought. Past performance is not indicative of future performance. SFC authorization is not an endorsement or recommendation. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.

𝐍𝐞𝐰 𝐘𝐞𝐚𝐫, 𝐍𝐞𝐰 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: 𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐧𝐚𝐤𝐞!   HSVM welcomed in the Year of the Snake this week by combining the old with the new – hosting a roasted pig cutting ceremony and fun celebration party for colleagues.   We started off the new year with energy and enthusiasm and we’re excited to keep building on our success, moving ahead with new innovations and exploring new opportunities.   Hope the Year of the Snake brings happiness and prosperity to all our clients, business partners and staff!   #HangSengInvestment #HSVM #ChineseNewYear #YearOfTheSnake *HSVM does not warrant, guarantee, or represent the accuracy, validity or completeness of any information.

𝐃𝐞𝐞𝐩𝐒𝐞𝐞𝐤 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐀𝐈 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥: 𝐖𝐡𝐲 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐒𝐡𝐨𝐮𝐥𝐝 𝐊𝐞𝐞𝐩 𝐚𝐧 𝐄𝐲𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐇𝐚𝐧𝐠 𝐒𝐞𝐧𝐠 𝐓𝐞𝐜𝐡 𝐈𝐧𝐝𝐞𝐱   The emergence of DeepSeek, a Chinese artificial intelligence (AI) model, has sparked widespread discussion across the world. The development cost of the DeepSeek model is lower than that of OpenAI's ChatGPT, and it operates effectively on lower-tier chips. Its performance, particularly in reasoning capabilities, is already comparable to that of ChatGPT. The DeepSeek model is built on reasoning ability rather than raw data or computational power, giving Chinese AI companies a competitive edge amid U.S. export restrictions on high-end chips.   Investors optimistic about the development of AI in China may want to pay attention to the Hang Seng Tech Index. 61% of the Hang Seng Tech Index constituent stocks are expected to directly or indirectly benefit from China's AI development. #HangSengInvestment #HSVM #Equity #AI #DeepSeek Source: Hang Seng Investment and Citibank Research Paper, as of 3 Feb 2025 *Investments involve risks. Investors should seek independent advice. This content has not been reviewed by the Securities and Futures Commission and is intended for Hong Kong investors only.