MEMA ETF Volume Surges 17-Fold as HDFC Bank Shines

Man Active Emerging Markets Alternative ETF (MEMA) has seen unusual trading volume, which is 17× higher than its average daily volume.

Among Man Active Emerging Markets Alternative ETF’s key positions, Hdfc Bank, one of its larger holdings, has been active on the news front, reporting around 10% year-on-year growth in advances under management and more than 12% growth in deposits for the March 2026 quarter, signaling robust balance-sheet expansion. The bank also disclosed an unsolicited ESG rating of 61 from ESG Risk Assessments & Insights and notified the NYSE that its board will meet on April 18, 2026, to consider raising fresh capital via various debt instruments, which could strengthen its regulatory capital base and support further infrastructure lending. Other major holdings in the ETF, including Tencent, Icici Bank, Pdd Holdings, Netease, and Meituan, did not have notable company-specific updates in the past 24 hours based on the provided information.