Hang Seng Indexes Launches Hang Seng SCHK New Economy Index

Hang Seng Indexes launched the Hang Seng SCHK New Economy Index. The index aims to reflect the performance of companies available for southbound trading under the Stock Connect scheme that operate in ‘New Economy’ industries. 

The new index provides a reference benchmark for investors who are interested in companies focusing on services and innovative technology. The universe of the new index covers securities from 29 sub-sectors, including Automobiles, Telecommunication Services and Pharmaceuticals.

Hang Seng Indexes will review the sector requirements on an annual basis to keep the index in line with the evolving concept of New Economy