83128_interim 2016.xls

HANG SENG CHINA A INDUSTRY TOP INDEX ETF INTERIM FINANCIAL REPORT 2016

目錄 Contents 2 投資組合 Investment Portfolio 4 投資組合變動表 Statement of Movements in Portfolio Holdings 6 資產負債表 Statement of Assets and Liabilities 7 恒生 A 股行業龍頭指數及恒生 A 股行業龍頭指數 ETF 之表現 Performance of the Hang Seng China A Industry Top Index and Hang Seng China A Industry Top Index ETF 8 恒生 A 股行業龍頭指數 ETF - 每日收市價及每單位資產淨值之比較 Hang Seng China A Industry Top Index ETF - Comparison of Daily Closing Price and Net Asset Value per Unit 9 恒生 A 股行業龍頭指數成份股披露 Hang Seng China A Industry Top Index Constituent Stocks Disclosure 10 管理及行政 Management and Administration

投資組合 Investment Portfolio 2016 年 6 月 30 日 as at 30 June 2016 佔屬於單位持有人之 市值 總資產淨值百分比 ( 人民幣 ) % of Total Net 投資 單位數目 Market Value Assets Attributable Investments Holdings (RMB) to Unitholders 上海證券交易所上市股票 Shanghai Stock Exchange Listed Equities 消費品製造 Consumer Goods 長城汽車 Great Wall Motor 120,700 1,018,708 0.50% 貴州茅台酒 Kweichow Moutai 50,334 14,693,501 7.24% 上海汽車 SAIC Motor 276,000 5,600,040 2.76% 21,312,249 10.50% 消費者服務 Consumer Services 中國國航 Air China 213,300 1,441,908 0.71% 中國東方航空 China Eastern Airlines 297,200 1,964,492 0.97% 中國南方航空 China Southern Airlines 316,400 2,233,784 1.10% 5,640,184 2.78% 能源 Energy 中國中煤能源 China Coal Energy 183,300 945,828 0.47% 中海油田服務 China Oilfield Services 59,300 720,495 0.35% 中國石油化工 China Petroleum & Chemical 956,700 4,515,624 2.22% 中國神華能源 China Shenhua Energy 247,600 3,483,732 1.72% 中國石油天然氣 PetroChina 486,400 3,516,672 1.73% 13,182,351 6.49% 金融 Financials 中國農業銀行 Agricultural Bank of China 4,416,000 14,131,200 6.96% 中國銀行 Bank of China 2,110,200 6,773,742 3.34% 中國建設銀行 China Construction Bank 720,400 3,421,900 1.69% 中國人壽保險 China Life Insurance 166,800 3,472,776 1.71% 中國工商銀行 Industrial and Commercial Bank of China 2,159,500 9,588,180 4.72% 37,387,798 18.42% 工業 Industrials 中國船舶重工 China Shipbuilding Industry 919,200 5,818,536 2.87% 中國中車 CRRC Corporation 803,100 7,364,427 3.63% 大秦鐵路 Daqin Railway 595,400 3,834,376 1.89% 上海電氣 Shanghai Electric 246,600 1,864,296 0.92% 上海國際港務 Shanghai International Port 348,000 1,774,800 0.87% 20,656,435 10.18% 資訊科技 Information Technology 三安光電 Sanan Optoelectronics 127,600 2,548,172 1.25% 原材料 Materials 寶山鋼鐵 Baoshan Iron and Steel 412,200 2,056,878 1.01% 內蒙古包鋼稀土 ( 集團 ) 高科技 Inner Mongolia Baotou Steel Rare Earth (Group) Hi-Tech 200,150 2,663,996 1.31% 江西銅業 Jiangxi Copper 93,500 1,260,380 0.62% 萬華化學 Wanhua Chemical 108,200 1,871,860 0.92% 紫金礦業 Zijin Mining 870,200 2,932,574 1.44% 10,785,688 5.30% 地產建築 Properties & Construction 安徽海螺水泥 AnHui Conch Cement 180,200 2,620,108 1.29% 中國交通建設 China Communications Construction 176,400 1,857,492 0.91% 中國中鐵 China Railway 559,700 3,901,109 1.92% 中國建築 China State Construction Engineering 1,351,600 7,190,512 3.54% 15,569,221 7.66% 電訊 Telecommunications 中國東方紅衛星 China Dongfanghong Spacesat 59,200 1,989,120 0.98% 中國聯通 China United Network Communications 848,800 3,233,928 1.59% 5,223,048 2.57% 公用事業 Utilities 中國長江電力 China Yangtze Power 550,600 6,876,994 3.39% 大唐國際發電 Datang Power 200,200 778,778 0.38% 國電電力發展 GD Power Development 1,082,000 3,170,260 1.56% 華能國電 Huaneng Power 367,900 2,766,608 1.36% 浙江浙能電力 Zhejiang Zheneng Electric Power 340,400 1,732,636 0.85% 15,325,276 7.54% 2

投資組合 ( 續 ) Investment Portfolio (continued) 2016 年 6 月 30 日 as at 30 June 2016 佔屬於單位持有人之 市值 總資產淨值百分比 ( 人民幣 ) % of Total Net 投資 Market Value Assets Attributable Investments (RMB) to Unitholders 深圳證券交易所上市股票 Shenzhen Stock Exchange Listed Equities 綜合企業 Conglomerates 中信國安 Citic Guoan 102,000 2,173,620 1.07% 中國寶安 China Baoan 135,580 1,857,446 0.91% 4,031,066 1.98% 消費品製造 Consumer Goods 珠海格力電器 Gree Electric Appliances 481,500 9,538,515 4.70% 美的集團 Midea Group 320,500 7,602,260 3.74% 17,140,775 8.44% 消費者服務 Consumer Services 深圳華僑城 Shenzhen OCT 328,600 2,103,040 1.04% 蘇寧雲商集團 Suning Commerce Group 406,600 4,415,676 2.17% 6,518,716 3.21% 資訊科技 Information Technology 京東方科技集團 BOE Technology Group 2,209,500 5,103,945 2.51% 歌爾聲學 Goertek Inc. 91,700 2,629,956 1.30% 杭州海康威視數字技術 Hangzhou Hikvision Digital Technology 183,350 3,934,691 1.94% 中興通訊 ZTE Corp 221,140 3,171,148 1.56% 14,839,740 7.31% 地產建築 Properties & Construction 萬科企業 China Vanke 883,100 18,209,522 8.97% 總投資市值 Total Investments 208,370,241 102.62% ( 總投資成本 - 181,235,912 人民幣 ) (Total cost of Investments - RMB181,235,912) 其他負債淨值 Other Net Liabilities (5,318,135) (2.62%) 屬於單位持有人之總資產淨值 Total Net Assets Attributable to Unitholders 203,052,106 100.00% 3

投資組合變動表 Statement of Movements in Portfolio Holdings 由 2016 年 1 月 1 日至 2016 年 6 月 30 日止期間 for the period from 1 January 2016 to 30 June 2016 單位數目 單位數目 2016 年 1 月 1 日 2016 年 6 月 30 日 投資 Holdings as at 增加 減少 Holdings as at Investments 01 Jan 2016 Additions Disposals 30 Jun 2016 上海證券交易所上市股票 Shanghai Stock Exchange Listed Equities 消費品製造 Consumer Goods 長城汽車 Great Wall Motor 128,700 3,600 11,600 120,700 貴州茅臺酒 Kweichow Moutai 53,634 2,300 5,600 50,334 上海汽車 SAIC Motor 294,200 56,900 75,100 276,000 消費者服務 Consumer Services 中國國航 Air China 181,900 52,000 20,600 213,300 中國東方航空 China Eastern Airlines 316,800 9,200 28,800 297,200 中國南方航空 China Southern Airlines 337,300 11,500 32,400 316,400 能源 Energy 中國中煤能源 China Coal Energy 195,300 5,600 17,600 183,300 中海油田服務 China Oilfield Services 63,200 1,800 5,700 59,300 中國石油化工 China Petroleum & Chemical 1,019,800 501,900 565,000 956,700 中國神華能源 China Shenhua Energy 264,000 9,000 25,400 247,600 中國石油天然氣 PetroChina 518,400 20,600 52,600 486,400 金融 Financials 中國農業銀行 Agricultural Bank of China 4,707,300 185,800 477,100 4,416,000 中國銀行 Bank of China 2,249,300 1,106,900 1,246,000 2,110,200 中國建設銀行 China Construction Bank 1,023,800 74,100 377,500 720,400 中國人壽保險 China Life Insurance 177,800 7,200 18,200 166,800 中國工商銀行 Industrial and Commercial Bank of China 2,301,900 91,100 233,500 2,159,500 工業 Industrials 中國船舶重工 China Shipbuilding Industry 979,800 38,900 99,500 919,200 中國中車 CRRC Corporation 856,000 34,000 86,900 803,100 大秦鐵路 Daqin Railway 634,600 25,000 64,200 595,400 上海電氣 Shanghai Electric 262,800 50,900 67,100 246,600 上海國際港務 Shanghai International Port 494,600 12,600 159,200 348,000 資訊科技 Information Technology 三安光電 Sanan Optoelectronics 140,500 4,600 17,500 127,600 原材料 Materials 寶山鋼鐵 Baoshan Iron and Steel 439,400 15,100 42,300 412,200 內蒙古包鋼稀土 ( 集團 ) 高科技 Inner Mongolia Baotou Steel Rare Earth (Group) Hi-Tech 213,250 7,400 20,500 200,150 江西銅業 Jiangxi Copper 99,700 2,800 9,000 93,500 萬華化學 Wanhua Chemical 115,400 3,400 10,600 108,200 紫金礦業 Zijin Mining 927,600 79,000 136,400 870,200 地產建築 Properties & Construction 安徽海螺水泥 AnHui Conch Cement 192,100 6,400 18,300 180,200 中國交通建設 China Communications Construction 188,100 6,300 18,000 176,400 中國中鐵 China Railway 596,700 23,600 60,600 559,700 中國建築 China State Construction Engineering 1,440,700 56,800 145,900 1,351,600 電訊 Telecommunications 中國東方紅衛星 China Dongfanghong Spacesat 63,100 1,800 5,700 59,200 中國聯通 China United Network Communications 904,800 30,900 86,900 848,800 公用事業 Utilities 中國長江電力 China Yangtze Power 440,200 160,000 49,600 550,600 大唐國際發電 Datang Power 213,300 51,900 65,000 200,200 國電電力發展 GD Power Development 1,048,600 137,100 103,700 1,082,000 華能國電 Huaneng Power 392,200 53,700 78,000 367,900 浙江浙能電力 Zhejiang Zheneng Electric Power 290,300 83,100 33,000 340,400 4

投資組合變動表 ( 續 ) Statement of Movements in Portfolio Holdings (continued) 由 2016 年 1 月 1 日至 2016 年 6 月 30 日止期間 for the period from 1 January 2016 to 30 June 2016 單位數目 單位數目 2016 年 1 月 1 日 2016 年 6 月 30 日 投資 Holdings as at 增加 減少 Holdings as at Investments 01 Jan 2016 Additions Disposals 30 Jun 2016 深圳證券交易所上市股票 Shenzhen Stock Exchange Listed Equities 綜合企業 Conglomerates 中國寶安 China Baoan 135,980 12,200 12,600 135,580 中信國安 Citic Guoan 108,800 3,200 10,000 102,000 消費品製造 Consumer Goods 珠海格力電器 Gree Electric Appliances 481,500 - - 481,500 美的集團 Midea Group 227,600 119,700 26,800 320,500 消費者服務 Consumer Services 深圳華僑城 Shenzhen OCT 349,200 11,300 31,900 328,600 蘇寧雲商集團 Suning Commerce Group 433,400 17,000 43,800 406,600 資訊科技 Information Technology 京東方科技集團 BOE Technology Group 2,355,100 167,800 313,400 2,209,500 歌爾聲學 Goertek Inc. 89,600 10,900 8,800 91,700 杭州海康威視數字技術 Hangzhou Hikvision Digital Technology 130,300 68,150 15,100 183,350 中興通訊 ZTE Corp 233,740 8,100 20,700 221,140 地產建築 Properties & Construction 萬科企業 China Vanke 883,100 - - 883,100 5

資產負債表 Statement of Assets and Liabilities 2016 年 6 月 30 日 as at 30 June 2016 30-06-2016 31-12-2015 ( 人民幣 ) ( 人民幣 ) (RMB) (RMB) 資產 Assets 按公平價值列入收入或虧損的投資 Investments at fair value through profit or loss 208,370,241 254,159,796 應收投資款項 Amounts receivable on sale of investments 180,539 - 預付款項 Prepayments 1,234,509 - 其他應收款項 Other accounts receivable 9,200 11,636 現金及現金等價物 Cash and cash equivalents 613,611 4,853,786 資產總值 Total Assets 210,408,100 259,025,218 負債 Liabilities 應付贖回單位款項 Amounts payable on redemption of units 6,101,460 - 應付收益分派款項 Distributions Payable - 2,912,960 預提費用及其他應付款項 Accrued expenses and other payables 1,254,534 625,166 中國預提所得稅 PRC tax provision - 425,641 負債總值 Total liabilities 7,355,994 3,963,767 屬於單位持有人之資產淨值 Net assets attributable to unitholders 203,052,106 255,061,451 代表 Representing: 權益總值 Total Equity 203,052,106 255,061,451 已發行單位數目 Total number of units in issue 6,682,400 7,282,400 每單位資產淨值 Net asset value per unit 30.3861 35.0244 6

恒生 A 股行業龍頭指數及恒生 A 股行業龍頭指數 ETF 之表現 Performance of the Hang Seng China A Industry Top Index and Hang Seng China A Industry Top Index ETF 由 2016 年 1 月 1 日至 2016 年 6 月 30 日期間與 2015 年同期之比較 For the period from 1 January 2016 to 30 June 2016 and the comparison with the same period in 2015 以人民幣計算之表現 Performance in RMB Dollar 由 2016 年 1 月 1 日至 2016 年 6 月 30 日期間 由 2015 年 1 月 1 日至 2015 年 6 月 30 日期間 基金 / 指數 Fund/Index For the period from 1 January 2016 to 30 June 2016 For the period from 1 January 2015 to 30 June 2015 恒生 A 股行業龍頭指數 ETF* Hang Seng China A Industry Top Index ETF * -13.44% 34.27% 恒生 A 股行業龍頭指數 # Hang Seng China A Industry Top Index # -14.39% 34.64% 資料來源 : 單位價格由滙豐機構信託服務 ( 亞洲 ) 有限公司提供 恒生 A 股行業龍頭指數 ETF 之表現資料由基金經理提供 指數資料由恒生指數有限公司提供 Source: Unit-prices are provided by HSBC Institutional Trust Services (Asia) Limited. The performance information of thehang Seng China A Industry Top Index ETF is provided by the Manager. Index information is provided by Hang Seng Indexes Company Limited. * 表現以報價貨幣之單位價格對單位價格, 股息 ( 如有 ) 再投資之總回報計算 請注意, 恒生 A 股行業龍頭指數 ETF 現時只備有派息單位 現時基金經理擬每年宣佈派息 所呈列的表現資料乃是基於沒有向單位持有人作出派息的假設而計算, 並僅供參考之用 * Performance is calculated in base currency with Unit-price to Unit-price, total return with dividend (if any) reinvested. Please note that the Units of the Hang Seng China A Industry Top Index ETF currently available are income units only. The Manager currently intends to make declaration of distribution on an annual basis. The performance information presented is calculated based on the assumption that there were no distribution to Unitholders, and is for reference only. # 表現以股息再投資之總回報計算, 總回報為扣除內地預扣稅後之淨值 # Performance is calculated in total return with dividend reinvested, net of PRC withholding tax. 投資者須注意, 所有投資均涉及風險 ( 包括可能會損失投資本金 ), 基金單位價格可升亦可跌, 過往表現並不可作為日後表現的指引 投資者在作出任何投資決定前, 應詳細閱讀有關基金之銷售文件 ( 包括當中所載之風險因素之全文 ) Investors should note that all investment involves risks (including the possibility of loss of the capital invested), prices of fund units may go up as well as down and past performance is not indicative of future performance. Investors should read the relevant fund s offering documents (including the full text of the risk factors stated therein) in detail before making any investment decision. 7

恒生 A 股行業龍頭指數 ETF - 每日收市價及每單位資產淨值之比較 Hang Seng China A Industry Top Index ETF - Comparison of Daily Closing Price and Net Asset Value per Unit 由 2016 年 1 月 1 日至 2016 年 6 月 30 日期間與 2015 年同期之比較 For the period from 1 January 2016 to 30 June 2016 and the comparison with the same period in 2015 由 2016 年 1 月 1 日至 2016 年 6 月 30 日之每日收市價及每單位資產淨值之比較 Comparison of Daily Closing Price and Net Asset Value per Unit for the period from 1 January 2016 to 30 June 2016 45 收市價 Closing Price 每單位資產淨值 Net Asset Value per Unit 40 人民幣 RMB 35 30 25 由 2015 年 1 月 1 日至 2015 年 6 月 30 日之每日收市價及每單位資產淨值之比較 Comparison of Daily Closing Price and Net Asset Value per Unit for the period from 1 January 2015 to 30 June 2015 50 收市價 Closing Price 每單位資產淨值 Net Asset Value per Unit 45 人民幣 RMB 40 35 30 8

恒生 A 股行業龍頭指數成份股披露 Hang Seng China A Industry Top Index Constituent Stocks Disclosure 2016 年 6 月 30 日 as at 30 June 2016 於 2016 年 6 月 30 日及 2015 年 6 月 30 日, 恒生 A 股行業龍頭指數內之指數成份股中, 並沒有任何指數成份股佔該指數之比重多於百分之十 There was no index constituent stock of the Hang Seng China A Industry Top Index that accounted for more than 10% of the weighting of the Index as at 30 June 2016 and 30 June 2015. 9

管理及行政 Management and Administration 基金經理 RQFII 持有人及上市代理人恒生投資管理有限公司香港中環德輔道中 83 號基金經理 RQFII 持有人及上市代理人之董事馮孝忠李佩珊陸世龍顏文傑梁永樂彭耀鴻受託人和登記處滙豐機構信託服務 ( 亞洲 ) 有限公司香港皇后大道中 1 號中國託管人中國建設銀行中國北京西城區金融大街 25 號服務代理香港證券兌換代理服務有限公司香港中環德輔道中 199 號無限極廣場 2 樓核數師畢馬威會計師事務所香港中環遮打道 10 號太子大廈 8 樓 Manager, RQFII Holder and Listing Agent Hang Seng Investment Management Limited 83 Des Voeux Road Central Hong Kong Directors of the Manager, RQFII Holder and Listing Agent Fung Hau Chung, Andrew Lee Pui Shan Luk Sai Lung Ngan Man Kit Leung Wing Lok, Andrew Pang Yiu Hung, Victor Trustee and Registrar HSBC Institutional Trust Services (Asia) Limited 1 Queen's Road Central Hong Kong PRC Custodian China Construction Bank Corporation 25, Finance Street Xicheng District Beijing, PRC Service Agent HK Conversion Agency Services Limited 2nd Floor Infinitus Plaza 199 Des Voeux Road Central Hong Kong Auditors KPMG 8th Floor, Prince's Building 10 Chater Road Central Hong Kong 10