Friday November 15 2024
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: Hong Kong
On 15th November 2024, Hong Kong Exchanges and Clearing Limited (HKEX) announced that it is collaborating with Hang Seng Indexes Company Limited (HSIL) to jointly launch an index tracking the largest Chinese companies in the vibrant Stock Connect universe, supporting the development of Hong Kong’s capital market product ecosystem.
The Hang Seng HKEX Stock Connect China Enterprises Index (SCCEA Index) will be the first co-branded index between HKEX and HSIL when it launches on 21 November 2024.
Constituents of the index include the 80 largest Chinese companies by market capitalisation listed on the Hong Kong, Shanghai and Shenzhen stock exchanges that are traded on Stock Connect. With a balanced sector representation, this cross-market index will offer global investors a comprehensive and authoritative benchmark to capture the investment opportunities in China.
Click on the above link for further information
