The tech index was launched on Monday and will track the 30 largest technology companies listed in Hong Kong that pass the screening criteria.
The top five firms listed on the index are Alibaba, Tencent, Meituan Dianping, Xiaomi and Sunny Optical, which have a combined weight of more than 40%.
From left, the flags of the Hong Kong Stock Exchange, China and Hong Kong are seen flapping in the wind on May 6, 2019.new tech index rose on its second day of trading as experts said its diverse list of constituents will be attractive for traders looking to invest across the sector.which traded up 0.34%.
"It's a really good, I think, list of constituents across multiple slices of the tech sector," said Sam Le Cornu, CEO and co-founder of Stonehorn Global Partners. Tech shares are some of the top traded stocks in Hong Kong. The new index trades at about 45 times earnings, versus the Hang Seng Composite Index's price-to-earnings ratio of 12,
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Hong Kong makes masks compulsory as Covid cases riseHong Kong will make wearing masks in public compulsory and limit gatherings to no more than two people as officials in the city grapple with a rising surge in coronavirus infections. Offenders who refuse to wear masks could be fined up to $645.
Weiterlesen »
Powered by China, a Technology Benchmark Opens in Hong KongThe Hang Seng Tech Index, which includes China’s two most valuable companies, fell more than Hong Kong’s broader stock market as it sought to give investors a better read on the tech sector’s growth and relative performance.
Weiterlesen »
Banned in China, some Falun Gong fear new Hong Kong national security lawOn Sunday July 5, five days after China enacted a new national security law in Hong Kong, Yang Xiaolan and three dozen Falun Gong members stood upright in a public park, their arms outstretched above their closed eyes as their meditation soundtrack blended with birdsong.
Weiterlesen »
Hong Kong Closes Dine-In Restaurants for At Least One WeekThe new rules, which will last for at least seven days, will still allow for takeout meals.
Weiterlesen »
New Zealand suspends extradition treaty with Hong KongNew Zealand has suspended its extradition treaty with Hong Kong and made a number of other changes following China's decision to pass a national security law for the territory, Foreign Affairs Minister Winston Peters said on Tuesday.
Weiterlesen »
New Zealand suspends extradition treaty with Hong Kong over new lawNew Zealand would now treat military and technology exports to Hong Kong in the same way as it treats such exports to China, New Zealand's foreign minister Winston Peters said.
Weiterlesen »