Hang Seng Indexes Company has licensed the Hang Seng
China New Economy Index to Hang Seng Investment Management Limited to serve as the
underlying index for the creation of an exchange-traded fund (‘ETF’). The ETF was listed on
the Hong Kong Stock Exchange on 11 November 2021 with assets under management (‘AUM’)
of HKD117 million as at 10 November 2021.
With a focus on Chinese enterprises, the Hang Seng China New Economy Index provides the
market with a comprehensive reference that reflects the performance of the top-tier Chinese
companies listed in Hong Kong, mainland China or the US that operate in ‘New Economy’
industries. The around 30 ‘New Economy’ subsectors are those that exhibit sustainable rapid
revenue growth, with higher proportion of research and development expenditures, or are
strategic new industries identified by Chinese government policies. For the period of 31
October 2018 to 31 October 2021, the Hang Seng China New Economy Index was up by 63.1%.
The new ETF will bring the number of exchange-traded products linked to indexes in the Hang
Seng Family of Indexes to 103 – with listings on 14 different stock exchanges across the world.
As of 31 October 2021, AUM in products passively tracking indexes in the Hang Seng Family
of Indexes had reached a total of about USD45.7 billion.
For further details of the Hang Seng China New Economy Index, please visit www.hsi.com.hk.
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About Hang Seng Indexes Company Limited
Hang Seng Indexes Company Limited (‘Hang Seng Indexes Company’) manages and compiles
the Hang Seng Family of Indexes, which cover stocks listed in Hong Kong and Mainland China.
Our index series includes the Hang Seng Index, the Hang Seng China Enterprises Index and
the Hang Seng TECH Index, as well as Stock Connect, Greater Bay Area and sector-related
indexes. As at the end of 2020, assets under management in products passively tracking indexes
in the Hang Seng Family of Indexes had reached a total of about US$38 billion. Hang Seng
Indexes Company is a wholly owned subsidiary of Hang Seng Bank. For further information
on the Hang Seng Family of Indexes, please visit www.hsi.com.hk