Mirae Asset Announces Launch of China Core TECH ETF (3448) to Capture China Innovation Leaders

Single-Share Per Lot Makes China Tech Investing Accessible to All

HONG KONG,July 9, 2025/PRNewswire/ -- Global X ETFs, a leading global provider of ETF (exchange-traded funds), today launched the Global X China Core TECH ETF (Stock Code: 3448) on the Hong Kong Stock Exchange, offering investors unprecedented access toChina'shigh-tech leaders at justHK$90per lot of initial issue price.

The ETF tracks the Mirae Asset China Tech Top 30 Index, which is designed to trackmainlandChinaand Hong Kong SAR's leading technology companies by market capitalization across critical next-generation technology sectors. These innovative companies are positioned at the forefront of:

• Digital Transformation (Semiconductors, Software, Hardware, Telecom Equipment)
• Future Mobility (EVs, Battery, Robotics)
• Advanced Solutions (Biotech, Medtech, Industrial Automation, Smart Manufacturing)

The Index provides exposure to companies that are leadingChina's"Technology Self-Reliance"and competing on the global stage. A key feature of this technology-focused ETF is that it has limited exposure to internet companies, which makes it different from other technology indices like Hang Seng TECH Index.

"The launch of our China Core TECH ETF comes at a pivotal moment inChina'stechnological ascent,"Mr. Wanyoun CHO, Chief Executive Officer of Mirae Asset Global Investments (Hong Kong) Limited,said:"Chinese innovators have evolved from cost competitors to global leaders across frontier technologies. Our ETF breaks new ground by making this growth story accessible to all investors through a single-share structure, allowing precise participation inChina'stech revolution."

TheGlobal X China Core TECH ETF (3448) is now available for trading through all major brokerage platforms inHong Kongwith single management fee as low as 0.68%*.

*As the Fund is newly set up, this figure is an estimate only and represents the sum of the estimated ongoing charges over a 12-month period, expressed as a percentage of the estimated average Net Asset Value of the Listed Class of Shares over the same period. It may be different upon actual operation of the Fund and may vary from year to year. As the Fund adopts a single management fee structure, the estimated ongoing charges of the Fund will be equal to the amount of the single management fee, which is capped at 0.68% of the average Net Asset Value of the Listed Class of Shares of the Fund. Any ongoing expenses exceeding 0.68% of the average Net Asset Value of the Listed Class of Shares of the Fund will be borne by the Manager and will not be charged to the Fund. Please refer to the Product Key Facts and the Prospectus for further details:https://www.globalxetfs.com.hk/fundlist/

About Mirae Asset Global Investments Group

Mirae Asset Global Investments Group (the"group") is an asset management organization with overUS$256 billionin assets under management as ofDecember 31, 2024^[1]. The organization provides a diverse range of investment products including mutual funds, exchange traded funds ("ETFs"), and alternatives. Operating out of 25 offices worldwide, the group has a global team of more than 1,000 employees, including more than 280 investment professionals.

The group's global ETF platform features a line-up of 629 ETFs that offer investors high quality and cost-efficient exposure to newly emerging investment themes and disruptive technologies in the global markets.^[2]The group's ETFs have combined assets under management ofUS$137 billionand are listed inAustralia,Canada,Colombia, Hong Kong SAR,India,Japan, Korea,Vietnam, the EU, andthe United States.^[3]

About Global X ETFs

Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product line-up features 400 ETF strategies and over$90 billionin assets under management.^[4]While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. Global X is a member of Mirae Asset Financial Group, a global leader in financial services, has a presence in 19 global markets and the group's managed assets exceedUS$613.8 billionin assets under management worldwide.^[5]

Mirae Asset Global Investments Hong Kong:https://www.am.miraeasset.com.hk/ 

Global X ETFs Hong Kong: www.globalxetfs.com.hk 

Important Information

Investors should not base investment decisions solely on this material. Please refer to the Prospectus for details including product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:

• Global X China Core TECH ETF (the"Fund")'s investment objective is to provide investment results that closely correspond to the performance of the Mirae Asset China Tech Top 30 Index (the"Index").
• The Fund is exposed to concentration risk by tracking a single region or country. It is potentially more volatile than a broad-based fund due to adverse conditions in the region.
• The Index constituents may be concentrated in a specific industry or sector, which may potentially more volatile than a fund with a diversified portfolio.
• The Fund may be exposed to risks associated with different technology sectors and themes. A downturn in these sectors or themes may have adverse effects on the Fund.
• Listed companies on the ChiNext market and/or STAR Board are usually of emerging nature with smaller operating scale. In particular, these companies are subject to higher fluctuation in stock prices and liquidity risks, over-valuation risk, differences in regulation, delisting risk, and concentration risk.
• The Fund may suffer from a losses or delays when recovering the securities lent out. This may potentially affect its ability to meet payment and redemption obligations. Collateral shortfalls due to inaccurate pricing or change of value of securities lent, may cause significant losses to the Fund.
• There are risks and uncertainties associated with the current Mainland China tax laws, regulations and practice in respect of capital gains realized via Stock Connect on the Fund's investments in Mainland China. Any increased tax liabilities on the Fund may adversely affect the Fund's value.
• Distributions paid out of capital, or effectively from capital, represent a return of an investor's original investment or its gains and may potentially reduce the Fund's Net Asset Value per Share as well as the capital available for future investment.

Disclaimer

This document is forHong Konginvestors only. This document is provided for information and illustrative purposes and is intended for your use only. It is not a solicitation, offer or recommendation to buy or sell any security or other financial instrument. The information contained in this document has been provided as a general market commentary only and does not constitute any form of regulated financial advice, legal, tax or other regulated services.

Certain of the statements contained in this document are statements of future expectations and other forward-looking statements. Views, opinions and estimates may change without notice and are based on a number of assumptions which may or may not eventuate or prove to be accurate. Actual results, performance or events may differ materially from those in such statements.

Investment involves risk. Past performance is not indicative of future performance. It cannot be guaranteed that the performance of the Funds will generate a return and there may be circumstances where no return is generated or the amount invested is lost. It may not be suitable for persons unfamiliar with the underlying securities or who are unwilling or unable to bear the risk of loss and ownership of such investment. Before making any investment decision, investors should read the Prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the Funds and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investment.

Information and opinions presented in this document have been obtained or derived from sources which in the opinion of Mirae Asset Global Investments (Hong Kong) Limited ("MAGIHK") are reliable, but we make no representation as to their accuracy or completeness. We accept no liability for a loss arising from the use of this document.

Products, services and information may not be available in your jurisdiction and may be offered by affiliates, subsidiaries and/or distributors of MAGIHK as stipulated by local laws and regulations. This document is not directed to any person in any jurisdiction where the availability of this document is prohibited. Persons in respect of whom such prohibitions apply or persons other than those specified above must not access this document. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. Please consult with your professional adviser for further information on the availability of products and services within your jurisdiction.

This document is issued by MAGIHK (Licensed by the Securities and Futures Commission for Types 1, 4 and 9 regulated activities under the Securities and Futures Ordinance). This document has not been reviewed by the Securities and Futures Commission or the applicable regulator in the jurisdiction in which this article is posted and no part of this publication may be reproduced in any form, or referred to in any other publication, without express written permission of MAGIHK.

Copyright © 2025 Mirae Asset Global Investments. All rights reserved.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/mirae-asset-announces-launch-of-china-core-tech-etf-3448-to-capture-china-innovation-leaders-302500996.html

SOURCE Mirae Asset Global Investments (Hong Kong) Limited