Hang Seng Indexes launches two indices for Mainland stocks

They will track the performance of high-yield securities and tech firms.

Hang Seng Indexes has launched two new indices for mainland China securities with high dividend yield and those in the technology sector, according to a press release.

The Hang Seng China High Dividend Yield Index comprises the 50 highest dividend yielding mainland China securities listed in Hong Kong and are not classified in the Casinos and Gaming or Tobacco sectors. These securities have demonstrated relatively lower price volatility and a persistent dividend payment record for the latest three fiscal years.

Meanwhile, the Hang Seng SCHK China Technology Index tracks the performance of Mainland companies in the technology sector that are listed in Hong Kong and are eligible for trading via the Southbound Trading Link of the Stock Connect Scheme.

The two new indexes are calculated and disseminated in real-time at two-second intervals.