PAAMC HK Launches Two New ETFs on SEHK: Ping An AI Select ETF and Ping An Healthcare 50 Select ETF
Ping An of China Asset Management (Hong Kong) Company Limited has launched two new exchange-traded funds, the Ping An AI Select ETF and the Ping An Healthcare 50 Select ETF, listed on the Stock Exchange of Hong Kong. The AI-focused fund tracks an index that includes companies in artificial intelligence infrastructure, platforms, and applications across global markets, while the healthcare fund follows a similar strategy targeting leading firms in pharmaceuticals and biotechnology. According to Albert Wang, Head of Capital Markets and CIO at PAAMC HK, these ETFs aim to meet growing investor demand for growth-themed products. Both funds charge an annual management fee of 0.55% and are designed as low-cost passive investment tools with transparent structures.
Topics: ETF Hong Kong market investment products