HKEX launches Tech 100 Index as its first Hong Kong equity benchmark
To support product development, HKEX has signed a licensing agreement with E Fund Management.
HKEX has introduced the HKEX Tech 100 Index, its first Hong Kong equity benchmark.
It tracks 100 Hong Kong-listed companies across six technology-oriented themes: artificial intelligence, biotech and pharmaceuticals, electric vehicles and smart driving, information technology, the internet, and robotics.
All constituent stocks are eligible for Southbound Stock Connect, widening access for Mainland Chinese and global investors.
HKEX said the index also features a fast-entry mechanism allowing newly listed companies that meet the criteria to join outside regular review cycles once they become Southbound-eligible.
To support product development, HKEX has signed a licensing agreement with E Fund Management, which plans to launch a Mainland China ETF tracking the new index, subject to regulatory approval.