HKEX Launches Artificial Intelligence and Semiconductor Indices

What happened: HKEX launched the HKEX Artificial Intelligence Index and the HKEX Semiconductor Index, and signed a licensing agreement with Southern Asset Management for ETFs based on the AI index in the Chinese Mainland. Key numbers: AI Index tracks 40 Hong Kong-listed companies; Semiconductor Index tracks the 30 largest semiconductor-related companies listed in Hong Kong; announcement Why it matters: HKEX said the indices expand its proprietary index suite and give investors benchmarks for two technology themes, while the license supports new index-linked products and investor choice. Market: +0.3% today ($372.00), -9.1% YTD, 0.5x vol — as of 07:44 UTC

HKEX launched the HKEX Artificial Intelligence Index and the HKEX Semiconductor Index, and signed a licensing agreement with Southern Asset Management for ETFs based on the AI index in the Chinese Mainland.

HKEX said the indices expand its proprietary index suite and give investors benchmarks for two technology themes, while the license supports new index-linked products and investor choice. Market: +0.3% today ($372.00), -9.1% YTD, 0.5x vol — as of 07:44 UTC