E Fund Management (Hong Kong) has launched the E Fund (HK) HKEX Tech 100 Index ETF (ticker: 3456), marking the debut of the first exchange-traded fund to track the HKEX Tech 100 index.

The product provides investors with a single-vehicle entry point into Hong Kong's leading technology companies, covering six key innovation themes within the region's equity market.

The launch arrives as global capital flows increasingly favor diversified tech exposure beyond the United States.

Recent Handelsavisen coverage highlighted a growing trend of investors shifting assets into funds that deliberately limit exposure to US equities and artificial intelligence mega-caps, responding to extreme concentration risks in major Western indices.

The new ETF offers a structured alternative for those seeking growth in Asian technology sectors without the valuation premiums often attached to US peers.

Hong Kong's ETF market has seen significant activity in recent months, driven by both local and international demand for specialized instruments.