In recent years, index-based investment approaches have garnered increasing attention from investors, with the scale of ETFs (Exchange-Traded Funds) expanding continuously. Data reveals that by the end of June 2024, the number of ETFs listed on domestic exchanges reached 967, with a total size of RMB 2.48 trillion, marking a 21% increase from the end of 2023. Notably, the market value of equity ETFs hit RMB 1.81 trillion, a record high, accounting for approximately 2.2% of the total market value of A-shares.

Furthermore, the product offerings in the Hong Kong ETF market have continued to expand, particularly fueled by the "ETF Connect" program, which has significantly increased the number of ETFs included in the interconnection mechanism. As of July 4, 2024, marking the second anniversary of the official launch of ETF Connect, the number of eligible products has expanded to 151, including 141 Shanghai-Shenzhen Stock Connect ETFs and 10 Hong Kong Stock Connect ETFs, with a total size exceeding RMB 1.7 trillion. This scale underscores the rapid development of the ETF market in Hong Kong and investors' recognition of its potential.

The aforementioned trends indicate that the ETF market is embracing a period of developmental opportunities, with further growth anticipated in the future.

The aforementioned trends indicate that the ETF market is embracing a period of developmental opportunities, with further growth anticipated in the future.

Concurrently, as market demands evolve, fund investment strategies have become increasingly diversified. To cater to investors' varied needs, the fund industry continuously innovates products; for instance, the introduction of emerging ETFs such as those focused on artificial intelligence and Web3 has not only enriched the fund product system but also provided investors with more options.

In summary, amidst the complex global economic and financial landscape presenting both opportunities and challenges, the fund industry is poised for more robust and sustainable development as market sizes continue to expand, investment strategies and products innovate, and regulatory policies improve with heightened compliance requirements.

Next, we introduce a Web 3-themed product listed on the Hong Kong Stock Exchange in June 2024, aimed at sharing the high-growth potential of the internet sector, particularly in areas such as cloud computing and big data. In particular, DeFi, NFTs, gaming, and other niche segments are poised to see further value appreciation as user numbers increase and market sizes expand.

What is Web 3?

Web3, an evolution of the internet's core architecture, is primarily built upon cutting-edge technologies like cloud computing, big data, blockchain, artificial intelligence, and the Internet of Things. The deep integration of these technologies further enhances Web 3's performance and security, propelling it towards greater efficiency and intelligence.

Web3, an evolution of the internet's core architecture, is primarily built upon cutting-edge technologies like cloud computing, big data, blockchain, artificial intelligence, and the Internet of Things. The deep integration of these technologies further enhances Web 3's performance and security, propelling it towards greater efficiency and intelligence.

Web 3 Industry Investment Advantages

Web 3, as the next evolutionary form of the internet, boasts significant industry prospects and investment advantages. With the continuous maturity of blockchain technology and the expansion of application scenarios, Web3 technology will further promote the decentralization and security enhancement of the internet. It is anticipated that more traditional financial institutions and enterprises will join the Web3 sector, driving the popularization and development of related technologies and services.

With the rapid development of the metaverse, digital content creation, fintech, and other fields, the demand for Web 3 technologies and services will continue to grow. In the future, individuals and enterprises will increasingly rely on Web 3 platforms and technologies for their activities and transactions in the digital world.

Moreover, investors can build diversified portfolios by investing in different types of Web 3.0 projects to diversify risks and obtain more stable returns. For instance, they can invest in DeFi projects to gain financial service benefits while simultaneously investing in NFT projects to share the growth dividends in areas such as art and gaming.

As an ETF specializing in Web 3 businesses, Doo Wealth Select Web3 ETF (03426.HK) will benefit from the rapid development of Web3 technology and the growth of market demand.

Doo Wealth Select Web 3 ETF achieves long-term capital growth by primarily investing in companies engaged in Web3 development and operational activities or providing products, services, or technologies that support Web3.

According to the information, at least 70% of the ETF's net asset value will be invested in equity securities of companies involved in Web3 businesses, including listed stocks, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs). The investment areas cover Web3 finance, infrastructure providers, Web3-based maker economies, Web3-supported metaverses and digital worlds, as well as Web3 development and management.

In terms of risk management, the sub-fund of this product will not invest directly or indirectly in virtual assets (including cryptocurrencies). Additionally, it adopts a diversification strategy, including investing no more than 30% of its net asset value in A-shares and other collective investment schemes/funds focused on Web3 business themes, to mitigate single investment risks.

Lastly, the issuer of this ETF product is Doo Financial Hong Kong Limited (Doo Financial), an internet brokerage firm that holds licenses issued by relevant regulatory authorities in major global financial centers, including the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (FINRA) in the U.S., the Australian Securities and Investments Commission, the Securities and Futures Commission of Hong Kong, and the Labuan Financial Services Authority in Malaysia. Doo Financial aims to provide reliable and secure financial services.