HKEX Launches Tech 100 Index to Boost Hong Kong Tech Sector

Reuters12-09 08:26
HKEX Launches Tech 100 Index to Boost Hong Kong Tech Sector

Hong Kong Exchanges and Clearing Ltd. (HKEX) has announced the launch of the HKEX Tech 100 Index, marking a significant expansion of its index business. The new index tracks 100 technology-focused companies listed in Hong Kong across six major themes and features a fast-entry mechanism for eligible newly-listed firms. As part of this initiative, HKEX has entered a licensing agreement with E Fund Management to launch an ETF in the Chinese Mainland market that will track the HKEX Tech 100 Index, subject to regulatory approval. This move aims to provide investors with new opportunities in Hong Kong's growing tech sector and reflects HKEX's commitment to developing innovative investment products.

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