Hang Seng TECH Index

Last Close (3,700.67)
  • 3,865.48 +164.81 (+4.45%)
  • High 3,870.24
  • Low 3,683.62
  • Previous Close 3,700.67
  • Volume 2,547.7M
Last Update: 02/05/2024 18:00

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 listed in Hong Kong
  • Securities are weighted by free float-adjusted market capitalization with 8% cap on individual constituent weighting. 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
Source: Hang Seng TECH Index website, as of 9 February, 2021.
  • Sector Composition
    Sector
    • Information Technology (-)
      -%
    • Industrials (-)
      -%
    • Healthcare (-)
      -%
    • Consumer Discretionary (-)
      -%
    • Financials (-)
      -%
    • Healthcare
    • 0241 ALI HEALTH
    • 1833 PA GOODDOCTOR
    • 6618 JD HEALTH
    • Information Technology
    • 0268 KINGDEE INTL
    • 0285 BYD ELECTRONIC
    • 0522 ASM PACIFIC
    • 0700 TENCENT
    • 0909 MING YUAN CLOUD
    • 0981 SMIC
    • 0992 LENOVO GROUP
    • 1024 KUAISHOU-W
    • 1347 HUA HONG SEMI
    • 1810 XIAOMI-W
    • 2518 AUTOHOME-S
    • 3690 MEITUAN-W
    • 3888 KINGSOFT
    • 9618 JD-SW
    • 9626 BILIBILI-SW
    • 9698 GDS-SW
    • 9888 BIDU-SW
    • 9988 BABA-SW
    • 9999 NTES-S
    • Consumer Discretionary
    • 0772 CHINA LIT
    • 0780 TONGCHENG-ELONG
    • 1797 KOOLEARN
    • 2013 WEIMOB INC
    • 6690 HAIER SMARTHOME
    • Industrials
    • 2018 AAC TECH
    • 2382 SUNNY OPTICAL
    • Financials
    • 6060 ZA ONLINE
    Last update: 2021-06-18
  • Constituents Stocks Ranking
      Stock Code Company Weightings(%)
    1 1810 1810.HK 8.16
    2 0700 0700.HK 7.95
    3 3690 3690.HK 7.95
    4 9988 9988.HK 7.85
    5 2382 2382.HK 7.54
    6 1024 1024.HK 7.49
    7 9618 9618.HK 6.15
    8 6618 6618.HK 5.55
    9 0981 0981.HK 5.05
    10 0241 0241.HK 3.79
    11 0268 0268.HK 3.10
    12 6690 6690.HK 3.03
    13 0992 0992.HK 3.00
    14 9999 9999.HK 2.47
    15 3888 3888.HK 2.02
    16 0285 0285.HK 1.93
    17 0772 0772.HK 1.90
    18 2018 2018.HK 1.86
    19 2013 2013.HK 1.53
    20 9888 9888.HK 1.52
    21 9626 9626.HK 1.43
    22 0522 0522.HK 1.42
    23 0909 0909.HK 1.40
    24 1833 1833.HK 1.39
    25 6060 6060.HK 1.37
    26 0780 0780.HK 1.12
    27 1347 1347.HK 1.01
    28 9698 9698.HK 0.73
    29 1797 1797.HK 0.18
    30 2518 2518.HK 0.10
    Last update: 2021-06-18
  • 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%
    Source: Hang Seng TECH Index website, as of 9 February, 2021.
  • 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.

    Source: Hang Seng TECH Index website, as of 9 February, 2021.
  • Hang Seng TECH Index vs Hang Seng Index
    Return Analysis
      Hang Seng TECH Index Hang Seng Index
      Change(Point) Change(%) Change(Point) Change(%)
    1 Day +164.81+4.5%+444.10+2.5%
    5 Day +291.89+8.2%+1,005.86+5.8%
    1 Month +322.36+9.1%+1,275.61+7.5%
    3 Month +821.58+27.0%+2,673.57+17.2%
    6 Month +52.06+1.4%+976.54+5.7%
    Since inception of HSTECH -2,909.30-42.9%-6,396.13-26%
    Last Update: 2024-05-02 16:30
    Source: Hang Seng Indexes Website. Past performance is not an indicator of future returns.

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Hang Seng TECH Index Net Total Return Index

The Hang Seng TECH Index Net Total Return Index (the "Index") is published and compiled by Hang Seng Indexes Company Limited pursuant to a licence from Hang Seng Data Services Limited. The mark and name “Hang Seng TECH Index Net Total Return Index” are proprietary to Hang Seng Data Services Limited. Hang Seng Indexes Company Limited and Hang Seng Data Services Limited have agreed to the use of, and reference to, the Index by SG ISSUER in connection with the Certificates (the "Product"), BUT NEITHER HANG SENG INDEXES COMPANY LIMITED NOR HANG SENG DATA SERVICES LIMITED WARRANTS OR REPRESENTS OR GUARANTEES TO ANY BROKER OR HOLDER OF THE PRODUCT OR ANY OTHER PERSON (i) THE ACCURACY OR COMPLETENESS OF THE INDEX AND ITS COMPUTATION OR ANY INFORMATION RELATED THERETO; OR (ii) THE FITNESS OR SUITABILITY FOR ANY PURPOSE OF THE INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT; OR (iii) THE RESULTS WHICH MAY BE OBTAINED BY ANY PERSON FROM THE USE OF THE INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT FOR ANY PURPOSE, AND NO WARRANTY OR REPRESENTATION OR GUARANTEE OF ANY KIND WHATSOEVER RELATING TO THE INDEX IS GIVEN OR MAY BE IMPLIED. The process and basis of computation and compilation of the Index and any of the related formula or formulae, constituent stocks and factors may at any time be changed or altered by Hang Seng Indexes Company Limited without notice. TO THE EXTENT PERMITTED BY APPLICABLE LAW, NO RESPONSIBILITY OR LIABILITY IS ACCEPTED BY HANG SENG INDEXES COMPANY LIMITED OR HANG SENG DATA SERVICES LIMITED (i) IN RESPECT OF THE USE OF AND/OR REFERENCE TO THE INDEX BY SG ISSUER IN CONNECTION WITH THE PRODUCT; OR (ii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES OR ERRORS OF HANG SENG INDEXES COMPANY LIMITED IN THE COMPUTATION OF THE INDEX; OR (iii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES, ERRORS OR INCOMPLETENESS OF ANY INFORMATION USED IN CONNECTION WITH THE COMPUTATION OF THE INDEX WHICH IS SUPPLIED BY ANY OTHER PERSON; OR (iv) FOR ANY ECONOMIC OR OTHER LOSS WHICH MAY BE DIRECTLY OR INDIRECTLY SUSTAINED BY ANY BROKER OR HOLDER OF THE PRODUCT OR ANY OTHER PERSON DEALING WITH THE PRODUCT AS A RESULT OF ANY OF THE AFORESAID, AND NO CLAIMS, ACTIONS OR LEGAL PROCEEDINGS MAY BE BROUGHT AGAINST HANG SENG INDEXES COMPANY LIMITED AND/OR HANG SENG DATA SERVICES LIMITED in connection with the Product in any manner whatsoever by any broker, holder or other person dealing with the Product. Any broker, holder or other person dealing with the Product does so therefore in full knowledge of this disclaimer and can place no reliance whatsoever on Hang Seng Indexes Company Limited and Hang Seng Data Services Limited. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker, holder or other person and Hang Seng Indexes Company Limited and/or Hang Seng Data Services Limited and must not be construed to have created such relationship.