Original title: hang Seng Index Company authorizes Lian to use the Hang Seng Shanghai-Shenzhen-Hong Kong Stock Connect China 80 Index as the reference source for exchange-traded funds: Zhitong Finance
August secondHang Seng IndexThe company has authorized Lion Capital Management ("Lion") to use the Hang Seng Shanghai-Shenzhen-Hong Kong Stock Connect China 80 Index as the tracking index of exchange-traded funds. The fund was listed on the Singapore Exchange on August 2, 2021. As of July 28, 2021, the total value of assets under management of the ETF is about S $83.3 million.
The Hang Seng Shanghai-Shenzhen-Hong Kong Stock Connect China 80 Index aims to measure the availability of interconnection trading in mainland China and / orHong Kong Exchanges and ClearingThe overall performance of the top 80 listed Chinese companies by market capitalization. With the addition of the above exchange-traded funds, a total of 104 exchange-traded products linked to the Hang Seng Index series are listed on 15 different exchanges. As of July 30, 2021, the total value of assets under management of products that passively track the Hang Seng Index series is about US $39.9 billion.