A 28% volume surge in 3033.HK signals rotation into China tech — but the ETF still trades below key averages
CSOP Hang Seng TECH Index ETF (3033.HK) opened pre-market at HKD 4.83, up 5.69%, on 09 Apr 2026, as volume surged to 2,301,783,475 shares — 28% above its average of 1,793,002,213. That jump marks one of the highest pre-market volumes on the HKSE, signaling intensified investor appetite for Chinese tech exposure. The move follows recent sector news and index reweights, which triggered ETF inflows and replication-driven trading. Traders are responding to algorithmic liquidity and arbitrage opportunities, particularly around the fund’s holdings in companies like Haier Smart Home. Despite the momentum, the ETF still trades below its 50-day moving average of HKD 5.03 and its 200-day average of HKD 5.48, suggesting broader skepticism persists. Meyka AI projects a 12-month price target of HKD 7.11, implying 47.20% upside from the current level.
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