Hang Seng Indexes has licensed the Hang Seng China Enterprises Index (HSCEI) to Mirae Asset Global Investments Company (Mirae) to serve as the underlying index for the creation of an exchange-traded fund (ETF).
The ETF has listed on the Korea Exchange.
The HSCEI is the renowned barometer for tracking the performance of mainland China enterprises with H-share listings in Hong Kong.
The new ETF brings the number of exchange-traded products linked to indexes in the Hang Seng Family of Indexes to 41– with listings on 17 different stock exchanges across the world. As at 31 May 2016, assets under management in exchange-traded products linked to indexes in the Hang Seng Family of Indexes had reached a total of more than USD24 billion.
For further details of the HSCEI and the exchange-traded products linked to indexes in the Hang Seng Family of Indexes, please refer to the attached appendices.
