2008 Annual Report

	Hang Seng H-Share Index ETF (02828)

Performance Table Trustee's Report Independent Auditor's Report Investment Portfolio Statement of Movements in Portfolio Holdings Statement of Assets and Liabilities Statement of Changes in Net Assets Attributable to Unitholders Revenue Statement Cash Flow Statement Distribution Statement Notes on the Financial Statements Performance of the Hang Seng China Enterprises Index and Hang Seng H-Share Index ETF Hang Seng H-Share Index ETF-Comparison of Daily Closing Price and Net Asset Value per Unit Hang Seng China Enterprises Index Constituent Stocks Disclosure Report on Investment Overweight in Constituent Stocks of the Hang Seng China Enterprises Index by the Fund Management and Administration