Hang Seng Index Company: Maintaining the long-term goal of having 100 constituents in the Hang Seng Index, but not setting a specific timetable.
23/12/2024
GMT Eight
This year marks the 55th anniversary of the Hang Seng Index. Winnie Wu, the CEO of Hang Seng Index Company, stated in a TV interview that the long-term goal of reaching 100 constituent stocks for the Hang Seng Index remains unchanged, but no specific timetable has been set. She emphasized that as a blue-chip index representing the Hong Kong market, quality is crucial. She hopes to select the best constituent stocks to join the Hang Seng Index through established mechanisms, taking into consideration market conditions to determine which stocks are suitable for inclusion in the Index.
Winnie Wu pointed out that currently, 83 constituent stocks of the Hang Seng Index account for 67% of the market value, and in terms of turnover, they represent 69%. Besides the Hong Kong market, there are many investment products linked to the Hang Seng Index in the ASEAN region, including Thailand and Malaysia, with a relatively high proportion of related product trading in those markets. Hang Seng warrants trading in Thailand and Malaysia has already exceeded half of the volume; in Singapore, the "daily leverage certificates" linked to the Hang Seng Index account for 40% of the trading volume of similar products in the local market. Winnie Wu also mentioned that an MOU has been signed with the Saudi Stock Exchange at the end of October, hoping to strengthen cooperation in product development and data exchange in the future.