Media365
Hong Kong Exchanges and Clearing has launched its first equity index tracking Hong Kong-listed technology companies, underscoring the city’s ongoing shift from a market long dominated by property and finance towards innovation-driven growth.
Unveiled on Tuesday, the HKEX Tech 100 Index tracks 100 large-cap and mid-cap companies spanning artificial intelligence, biotech and pharmaceuticals, electric vehicles and smart driving, information technology, internet and robotics, according to the HKEX website.
Qualified mainland investors can buy and sell these Hong Kong‑listed stocks through Stock Connect, which links trading in Hong Kong with Shanghai and Shenzhen.
“The new index covers the leading innovative sectors in our listed issuer universe that have transformed the DNA of Hong Kong’s markets,” said HKEX CEO Bonnie Chan Yiting. “Its launch underscores the critical role our markets play in nurturing these emerging industries.”
The new benchmark “provides investors with an effective and comprehensive tool to capture opportunities in some of the most exciting and transformative sectors in our market”, she said.
The index composition is expected to be reviewed semi-annually in June and December.
