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Home / Underlying / New Economy Stocks / Hang Seng TECH Index Page
  • Hang Seng TECH Index
    • Index Value
      4,507.65
    • Change
      +49.800
      (1.12%)
    • Open
      4,468.71
    • High
      4,528.57
    • Low
      4,459.54
    • Prev. Close
      4,457.85
    • Turnover(M)
      21,871,507
    • 5 Day Prev. Close
      4,389.08
    5 Day Previous Close fro Hang Seng TECH Index(4,389.08)
    Last Update: 2024-12-24 12:08
  • HSTECH SG Top Picks
  • HSTECH Warrants/CBBCs Fund Flow
    Period:
    Category:
    • Top 10 Net Fund Inflow
    • Top 10 Net Fund Outflow
    Last Update:
  • HSTECH CBBCs Outstanding Quantity
    Bull/Bear Outstanding Quantity Ratio (Equivalent to number of Futures contracts)
    • Bull52.6% (9,661 Contract)
    • Bear47.4% (8,693 Contract)
    HSTECH
    Index range    		 CBBC
    Top Picks    		 Equivalent to number of Futures contracts
    [Bracket as for Change in a Day]
    Bull    Bear
    Last Update:
Quick Facts about Hang Seng TECH Index
  • Background
    • Hang Seng TECH Index was launched on 27th July 2020. It includes the 30 largest technology companies with high business exposure to the Technology Themes listed on Main Board of HKEX.
    • Securities are weighted by free float-adjusted market capitalization with 8% cap. The composition is rebalanced quarterly.
  • Targets
    • Theme Requirement: high business exposure to either Internet, FinTech, Cloud, E-commerce, or Digital
    • Sector Requirement: classified as Information Technology, Consumer Discretionary, Industrials, Financials, or Healthcare sector
    • Adopts Innovation Screening + Fast Entry to include technology companies with innovation and unicorns planning to list in Hong Kong
    • Besides the “ATMXJ” Tech giants, the index also includes medium size companies with less turnover or with market cap < HKD $20 billion
  • Innovation Screening
    Composite needs to meet at least one of the below criteria:
    • Technology-enabled business
    • Research & Development Expense to Revenue Ratio ≥ 5% ; or
    • Year over Year Revenue Growth ≥ 10%
  • Fast Entry for new IPO

    If the market capitalization of a newly listed security ranks within the Top 10 of the existing constituents on its first trading day, it will be added to the index after the close of its 10th trading day of the new issue.
    The number of constituents would reset to 30 at the next quarterly rebalancing.

    • Data Source: Hang Seng TECH Index website, up to 16th November 2020.
  • Hang Seng TECH Index vs Hang Seng Index
    3 Month Performance Comparison
    • Hang Seng Index
    • Hang Seng TECH Index
    Both indices were rebased at 0% for the start of period.
    Return Analysis
      Hang Seng TECH Index Hang Seng Index
      Change(Point) Change(%) Change(Point) Change(%)
    1 Day +49.80+1.1%+215.16+1.1%
    5 Day +118.57+2.7%+397.81+2.0%
    1 Month +261.45+6.2%+868.32+4.5%
    3 Month +592.07+15.1%+1,097.73+5.8%
    6 Month +830.14+22.6%+2,070.58+11.5%
    1 Year* +867.89+23.8%+3,473.45+20.9%
    YTD +792.88+21.3%+3,309.74+19.7%
    * All information for the Hang Seng TECH index prior to its launch date is back-tested, back-tested performance reflects hypothetical historical performance. For more details please refer to Hang Seng TECH Index website.
    Last Update: 2024-12-24 16:30