Hong Kong Trade Launches AI and Semiconductor Indices with Mainland ETF Deal
Hong Kong Exchanges and Clearing Restricted introduced the launch of two new thematic indices focusing on synthetic intelligence and semiconductors, alongside a licensing deal to introduce a mainland-listed exchange-traded fund monitoring the AI benchmark.
The HKEX Synthetic Intelligence Index and the HKEX Semiconductor Index develop the change operator’s proprietary index sequence, offering institutional and retail traders with benchmark instruments to trace key regional know-how sectors. As a part of the rollout, HKEX executed a licensing settlement with China Southern Asset Administration Co., Ltd. to situation an ETF in mainland China tied to the brand new AI index.
HKEX Group Chief Data Officer Leung Chung Kwong famous that synthetic intelligence and semiconductors have turn out to be main drivers of worldwide progress and industrial transformation. Leung emphasised that the partnership with China Southern Asset Administration will assist broaden funding choices whereas boosting liquidity and market depth throughout Hong Kong and mainland monetary ecosystems.
The transfer represents HKEX’s ongoing technique to diversify its index product suite and strengthen cross-border market integration, permitting worldwide and home traders better publicity to Asia’s rising know-how provide chains.
