The Hang Seng 50 ETF (516880) dipped by 0.55%, with a trading volume of 687.64 million RMB as of May 26, 2025, at 15:02. The Hang Seng 50 ETF has been operational since January 5, 2021, primarily serving as a benchmark for the performance of blue-chip stocks in the Hang Seng Index. The ETF aims to track the performance of its underlying index closely.
As of May 26, 2025, the Hang Seng 50 ETF closed down by 0.55%, with a trading volume of 687.64 million RMB. The ETF has managed a trading volume of 12.86 billion shares recently, with the latest market cap standing at 7.04 billion RMB. Looking ahead to December 31, 2024, the share count is anticipated to be around 12.00 billion, with a market cap of 7.63 billion RMB. Since the beginning of this year, the share count has increased by 7.17%, while the market cap has decreased slightly by 7.70%.
In terms of recent activity, the Hang Seng 50 ETF has accumulated a trading volume of 3.09 billion RMB over the last 20 trading days, with a single day trading volume of 1543.36 million RMB. This year, in 93 trading days, the total trading volume has reached 16.51 billion RMB, averaging a daily trading volume of 1775.26 million RMB.
The ETF is currently managed by the Hong Kong Stock Exchange, which has been overseeing it since its inception. As of the latest report, the Hang Seng 50 ETF has experienced a year-to-date performance drop of 45.26%.
The most recent quarterly report indicates that the ETF’s major holdings include several prominent companies in the renewable energy sector, such as China Longyuan Power Group Corporation, Sungrow Power Supply Co., Ltd., and TCL Technology Group Corporation, showcasing a diversified portfolio aimed at capitalizing on the growing green energy market.
As of May 26, 2025, the top 10 holdings of the Hang Seng 50 ETF include:
– China Longyuan Power Group Corporation: 10.05% of holdings
– Sungrow Power Supply Co., Ltd.: 9.84% of holdings
– TCL Technology Group Corporation: 9.06% of holdings
– China National Building Material Company: 6.58% of holdings
– China Southern Power Grid Company: 5.60% of holdings
– TCL Zhonghuan Renewable Energy Technology Co., Ltd.: 3.12% of holdings
– LONGi Green Energy Technology Co., Ltd.: 2.81% of holdings
– China National Electric Equipment Corporation: 2.74% of holdings
– Dezhou Yuhang Power Technology Co., Ltd.: 2.55% of holdings
– China National Chemical Corporation: 2.48% of holdings
The market remains active and competitive, with the Hang Seng 50 ETF continuing to attract interest from investors seeking exposure to established companies in the renewable energy sector. The ETF provides a useful benchmark for assessing the performance of the broader market in this rapidly evolving industry.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/shenzhen-50-etf-516880-declines-0-55-with-trading-volume-of-687-64-million-yuan/
