Catch the Rising Star
Phillip HK Newly Listed
Equities Index ETF
Stock Code 2835
Investment Objective
The ETF aims to fully replicate the Solactive Hong Kong Newly Listed Equities Index, a rules-based equity benchmark designed to track the performance of securities that had a recent initial public offering (“IPO”) or new listing on the main board of the SEHK.
Why Invest in this ETF
The World's Only ETF
Tracking Hong Kong IPOs
Phillip is one of the earliest participants in the Hong Kong IPO market, with deep expertise in new stock investment. This ETF offers investors the world's only investment tool focused on the Hong Kong IPO market, enabling you to effortlessly participate in Hong Kong's newly listed stock opportunities.
Hong Kong is One of the World's
Largest
IPO Markets
Hong Kong's IPO market remained active in 2025, with
~80 new listings completed by November, and fundraising amounts more than doubled year-over-year. By the end of September, Hong Kong Exchanges and Clearing received nearly 300 listing applications (excluding confidential filings), setting a historic record..
★ Ranked 1st Globally for Funds Raised ★
Hong Kong IPOs Generally Record Considerable Gains
Post-Listing
Pricing Advantage
Newly listed stocks' pricing is typically lower, primarily due to information asymmetry among investors, coupled with underwriters often adopting conservative pricing strategies to ensure successful issuance. Consequently, after listing on the secondary market, the stock price may still have room to rise.
Time Lag Advantage
In a bull market environment, overall market valuations are constantly rising. Due to the time lag between the preparation and listing of new stocks, their valuation at the time of pricing tends to be relatively low compared to the market, often leading to post-listing catch-up gains.
Unlock New Economy Growth Opportunities
Industries such as AI, Robotics, and New Technology are expected to become key focuses of the future IPO market, bringing potential appreciation and diversified growth opportunities to the ETF.
Buy a basket of multiple IPOs
at lower cost & diversify risk
Screen for high-quality newly listed stocks
The index constituent screening process imposes strict requirements on the free float of shares, effectively preventing the inclusion of stocks with overly concentrated equity ownership
Purchase a basket of multiple new stocks at a lower cost.
You can invest in ~50 IPOs in Hong Kong for a minimum of approximately HKD 1,329 (as of November 10, 2025).
Mitigate losses due to misjudging the market or individual stocks.
Some of the newly listed stocks exhibit significant volatility, and certain sectors like pharmaceuticals and biotechnology require specialized knowledge to fully grasp their business operations. Investing this ETF can effectively diversify the risks associated with individual stocks.
Regular Saving Plan (RSP) Provider(s)
(*The information is for reference only. For any details and the latest change, please refer to the respective parties website.)
Tracking Difference/ Error
Graph for Tracking Difference
*ETF’s performance is calculated on an NAV to NAV basis and assumes reinvestment of distributions.
Holdings
Holdings
Top 10 Holdings
>Click here to view Full Holdings Details in Excel
As of 6 Dec,2022
Intra-day Estimated NAV and Market Price
DATE (YYYY-MM-DD)
TIME
PRICE (HKD)
Intra-Day Estimated NAV per Unit#
Intra-day Market Price*
2022-01-07
2022-01-07
08:00
15:00
11.0000
11.0000
#” Intra-day Estimated NAV per Unit” calculations is provided by ICE Data Indices and updated at 15-second intervals during HKEX Exchange trading hours. This is indicative and for reference purposes only.
*at least 15 minutes delay
Data Source: ICE Data Indices Hong Kong Time: 03:15 PM
Market Information
DATE (YYYY-MM-DD)
LAST (HKD)
CHANGE (HKD)
CHANGE (%)
Official NAV per Unit
Closing Price per Unit
2023-01-06
2023-01-06
12.0249
11.9900
-0.0651
-0.1000
-0.54
-0.83
ANNOUNCEMENTS
RELATED DOCUMENTS
Phillip HK Newly Listed Equities Index ETF (“The Sub-Fund”) is an exchange-traded fund designed to provide investment results that closely correspond to the performance of Solactive Hong Kong Newly Listed Equities Index (“Index”) but its return may deviate from that of the Index.
Investment involves risk, including General Investment Risk, New Index Risk, Equity Market Risk, Newly Listed Securities Risk, Concentration Risk, Emerging Market Risk, Market Capitalization Risk, Passive Investment Risk, Trading Risk, Tracking Error Risk, Termination Risk and Market Maker Risk . Investors may lose part or all of their investments.
Due to fees and expenses of the Sub-Fund, liquidity of the market and tracking strategy adopted by the Manager, the Sub-Fund’s return may deviate from that of the Index.
The trading price of the Sub-Fund may differ from the underlying net asset value (“NAV”) per unit.
The Sub-Fund may not be suitable for all investors. Investors should not invest based on this website only. Investors should read the Sub-Fund’s Prospectus including all risk factors, consider the product features, their own investment objectives, risk tolerance level and other factors, and seek independent financial and professional advice as appropriate prior to making any investment.