Hong Kong Launches New Hang Seng China Metaverse Index and Hang Seng Shanghai-Shenzhen-Hong Kong Genomics & Oncology Index
26th May 2022 | Hong Kong
Hong Kong Indexes Company, as part of the Megatrend Index Series based on innovative & transformative themes in Mainland China, has launched 2 new indexes: Hang Seng China Metaverse Index and Hang Seng Shanghai-Shenzhen-Hong Kong Genomics & Oncology Index. Daniel Wong Director & Chief Index Officer at Hang Seng Indexes Company: “New megatrends are having an increasingly significant impact on our daily lives. Our two new megatrend indexes are designed to help investors capture potential opportunities arising from these innovative and transformative trends in the mainland China and Hong Kong stock markets.”
“ New Hang Seng China Metaverse Index and Hang Seng Shanghai-Shenzhen-Hong Kong Genomics & Oncology Index “
Hang Seng Indexes Co
Hang Seng Indexes Co: Developments as part of the metaverse concept, which includes virtual reality (VR), gaming and other digital experiences that use advanced technology in virtual spaces, have captured the attention of people around the world and are rapidly growing in popularity as investment themes among investors. Riding on this trend, the Hang Seng China Metaverse Index aims to reflect the performance of mainland China companies that are involved in metaverse-related business, value chains and development. As genomic medicine and innovative drugs develop as mainstream treatments for cancer and other diseases, the Hang Seng Shanghai-Shenzhen-Hong Kong Genomics and Oncology Index aims to track the performance of companies that are involved in the research and development of genomics or oncology-related products and services.
The index universe for each of the two indexes covers stocks listed in Shanghai, Shenzhen and Hong Kong. The two new indexes, which are calculated and disseminated in real-time at two second intervals, enriches the Hang Seng Megatrend Index Series, which also includes the Hang Seng Shanghai-Shenzhen-Hong Kong E-Commerce Index, the Hang Seng Shanghai-Shenzhen-Hong Kong NextGen Communications Index, and the Hang Seng Shanghai-Shenzhen-Hong Kong Generation Z Index.
About Hang Seng Indexes Company Limited
Hang Seng Indexes Company Limited (‘Hang Seng Indexes Company’) manages and compiles the Hang Seng Family of Indexes, which cover stocks listed in Hong Kong and Mainland China. Our index series includes the Hang Seng Index, the Hang Seng China Enterprises Index and the Hang Seng TECH Index, as well as Stock Connect, Greater Bay Area and sector-related indexes. As at the end of 2021, assets under management in products passively tracking indexes in the Hang Seng Family of Indexes had reached a total of about USD44 billion. Hang Seng Indexes Company is a wholly owned subsidiary of Hang Seng Bank. For further information on the Hang Seng Family of Indexes, please visit www.hsi.com.hk
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