iShares MSCI Hong Kong ETF (EWH) is an exchange-traded fund that seeks to track the investment results of the MSCI Hong Kong 25/50 Index, a modified free float-adjusted market capitalization-weighted index designed to measure the performance of large- and mid-capitalization segments of the Hong Kong equity market. The fund primarily invests in Hong Kong equities listed on the Hong Kong Stock Exchange, including major holdings across financial services, real estate, consumer discretionary, and utilities sectors; it offers investors exposure to companies such as AIA Group Ltd., Hong Kong Exchanges & Clearing Ltd., and Sun Hung Kai Properties Ltd., with a management fee of 0.50% and an expense ratio of 0.50%. Launched on March 12, 1996, and managed by BlackRock, Inc., headquartered in New York, the ETF trades on NYSE Arca and serves institutional and retail investors seeking targeted Asia-Pacific equity exposure, with operations focused on the Hong Kong market. In recent developments, the fund declared a semi-annual distribution of $0.6855 per share in December 2025; institutional investors including Bank Julius Baer & Co. Ltd Zurich acquired significant positions valued at approximately $19.1 million in Q2 2025, while BlackRock simplified its iShares product lineup through reclassifications of advisor class units into common units across ETFs in 2024.