Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) the launch of the HKEX Artificial Intelligence Index and the HKEX Semiconductor Index.
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These new indices further expand HKEX’s proprietary index offering and provide investors with new benchmarks to capture opportunities arising from two of the most dynamic technology themes.
HKEX is also pleased to announce that it has entered into a licensing agreement with China Southern Asset Management Company Limited (Southern Asset Management) for the introduction of exchange traded funds (ETFs) based on the HKEX Artificial Intelligence Index in the Chinese Mainland. Details of the product launch will be shared in due course.
Richard Leung, HKEX Group Chief Information Officer, said: “We are delighted to be launching these new thematic indices. Artificial intelligence and semiconductors are transforming industries and becoming increasingly important drivers of growth and innovation globally. At HKEX, we are committed to continuously expanding our index suite to give investors more ways to capture these trends and participate in the growth of the region’s technology ecosystem.”
Mr Leung added: “We are pleased to be licensing the HKEX Artificial Intelligence Index to Southern Asset Management for ETF products in the Chinese Mainland and look forward to partnering with other market participants to develop more investment products based on our index suite, increasing investor choice and further elevating the depth and vibrancy of our markets.”
Yang Xiaosong, Southern Asset Management General Manager, said: "We are honoured to be licensed by HKEX to develop an ETF tracking the HKEX Artificial Intelligence Index in the Chinese Mainland market. This is an important example of Southern Asset Management putting its international strategy into practice and serving investors' needs for diversified asset allocation. Through this collaboration, we will turn the opportunities across Hong Kong's AI value chain into an index-based tool that mainland investors can access conveniently. Looking ahead, we will continue to enrich our product offering for cross-market connectivity, build an investment bridge between the mainland and Hong Kong capital markets, and support two-way empowerment and a virtuous cycle between the technology sector and capital markets in a high-standard opening-up environment."
The HKEX Artificial Intelligence Index is designed to measure the performance of 40 Hong Kong-listed companies with high exposure to the artificial intelligence (AI) value chain. The index provides broad exposure to a five-layer AI stack across the AI ecosystem, spanning the areas including chip design, data centres, AI infrastructure, AI models, as well as software and physical applications. Constituents are selected and weighted using a fundamental-tilted approach, designed to identify companies with meaningful investment in AI research and development and capital expenditure. This offers investors with a representative benchmark for capturing the development of the Hong Kong-listed AI sector.
Meanwhile, the HKEX Semiconductor Index measures the performance of the 30 largest semiconductor-related companies listed in Hong Kong. The index captures exposure across multiple segments of the semiconductor industry, including semiconductor manufacturing, equipment, electronic components, computing hardware and storage, providing investors with a benchmark to track developments across the Hong Kong-listed semiconductor value chain.
The launch of the two indices further strengthens HKEX’s proprietary index offering and broadens its coverage of emerging technology themes, supporting the development of new index-linked investment products and providing investors with more ways to capture opportunities in Hong Kong’s markets.