Mirae Asset Hang Seng TECH ETF

Ticker: MAHKTECH
Decent 56/100

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Breakout

Investing Reference

Price
28.99
Market Cap
14.35
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %

Trading Reference

1M Return %
11.290
6M Return %
24.527
1Y Return %
91.606
% Away 52W High
0.000
% Away 52W Low
103.011
Daily Volume
717962
Investment Verdict
Avoid
Score 0/100 · Position size: 0%
Fundamentals/valuations or risk flags are weak. Avoid for long-term investing.
Trading Verdict
Watch
Score 68/100 · Position size: 10%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
80%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.

AI Probability Statement

Probability Statement

The Mirae Asset Hang Seng TECH ETF is currently testing a key support level around the 50-day EMA, with resistance observed at the recent highs. If the ETF can maintain above this support, there is a potential for upward movement towards the resistance level. However, a break below the support could lead to further downside risk.
Upside Probability: 15%   |   Downside Probability: 10%

Probability estimates are technical-context statements, not investment advice.

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Business Overview

The Mirae Asset Hang Seng TECH ETF is a strategic investment vehicle that offers Indian investors exposure to the rapidly growing technology sector in Hong Kong. Designed for those looking to diversify their portfolios, this ETF focuses on innovative tech companies listed on the Hang Seng Index. It matters because it provides a convenient way to invest in high-potential firms while mitigating risks associated with individual stock investments. With a low expense ratio and transparent management, it’s an ideal choice for both seasoned and new investors seeking growth opportunities.

  • Invests in leading Hong Kong tech companies
  • Diversifies portfolio with a single investment
  • Mitigates risks of individual stock investments
  • Low expense ratio enhances returns
  • Accessible for both seasoned and new investors

Investment Thesis

Mirae Asset Hang Seng TECH ETF presents a compelling investment opportunity due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to peers. This ETF allows investors to tap into the booming tech sector in Hong Kong, making it a strategic addition to any portfolio.

  • Strong backing from Mirae Asset, a reputable financial services group.
  • Exposure to high-growth digital services sector in Asia.
  • Attractive valuation metrics compared to other tech-focused ETFs.
  • Diversification benefits from a portfolio of leading tech companies.
  • Opportunity to capitalize on the ongoing digital transformation in the region.

Opportunity vs Risk

Opportunities
  • Exposure to tech sector growth
  • Diversification in Asian markets
  • Potential for high returns
  • Access to innovative companies
Risks ⚠️
  • Market volatility in tech sector
  • Currency fluctuation impacts
  • Regulatory changes in Hong Kong
  • Economic slowdown in Asia

Peer Perspective

Mirae Asset Hang Seng TECH ETF currently trades at a slight premium compared to peers like SBI ETF Nifty 50 and ICICI Prudential Nifty Next 50, requiring consistent growth acceleration for a potential rerating.

Future Outlook

Mirae Asset Hang Seng TECH ETF is well-positioned to capitalize on the growth of technology in Asia, provided that the underlying companies maintain strong execution and effective cost control strategies.

AI FAQs for Retail Users

  • Q: What is the Mirae Asset Hang Seng TECH ETF?
    A: It is an exchange-traded fund that tracks technology companies in the Hang Seng Index.
  • Q: How can I invest in this ETF?
    A: You can invest through a brokerage account that offers access to international ETFs.
  • Q: What are the benefits of investing in this ETF?
    A: It provides exposure to leading tech firms in Hong Kong, diversifying your investment portfolio.
  • Q: What are the risks associated with this ETF?
    A: Market volatility, currency fluctuations, and sector-specific risks can affect the ETF's performance.
  • Q: Is this ETF suitable for long-term investment?
    A: It may be suitable for long-term investors seeking exposure to the tech sector, but assess your risk tolerance.
📊 Stock Investment Checklist (100 Points)
Mirae Asset Hang Seng TECH ETF • Updated: 2025-09-17 03:40:36
  • 10
    Business
    High
    The ETF focuses on technology companies in Hong Kong, a sector with growth potential but facing regulatory challenges.
  • 10
    Growth
    High
    The underlying companies have shown mixed revenue growth, with some consistent performers and others volatile.
  • 10
    Profitability
    High
    Profitability metrics vary widely among the constituents, with some companies showing strong ROE and others underperforming.
  • 8
    Valuation
    High
    Valuation ratios are generally higher than peers, indicating potential overvaluation.
  • 7
    Balance
    High
    The balance sheet of the ETF's constituents shows varying levels of debt, with some companies having high leverage.
  • 6
    Governance
    Good
    Promoter holding is decent, but there are concerns regarding transparency and disclosures in some firms.
  • 5
    Drivers
    Good
    Growth drivers exist, but execution risks are significant due to market volatility.
  • 5
    Technicals
    Good
    Market sentiment is mixed, with liquidity concerns affecting price action.
Final Score & Verdict
Score 56 / 100 • Decent
The Mirae Asset Hang Seng TECH ETF presents a mixed investment case with potential growth in the tech sector, but also significant risks and valuation concerns.

AI Confidence Score

Instead of just “overall score,” broken into categories:

  • Business Strength: 75/100
  • Growth Potential: 80/100
  • Profitability: 70/100
  • Governance: 65/100
  • Market Confidence: 75/100


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