Digital Assets Report


Like this article?

Sign up to our free newsletter

Hang Seng Indexes Licenses HKEX to use Hang Seng Sector Index Series as basis for futures

Related Topics

Hang Seng Indexes Company Limited has licensed the Hang Seng Sector Index Series, which is comprised of six indexes, to Hong Kong Exchanges and Clearing Limited (HKEX) to serve as underlying indexes for the creation of six index futures.

The index series includes: Hang Seng IT Hardware Index; Hang Seng Mainland Banks Index; Hang Seng Mainland Healthcare Index; Hang Sang Mainland Oil & Gas Index; Hang Seng Mainland Properties Index; and Hang Seng Software & Services Index.

The index series provides benchmarks to reflect the performance of the largest and the most liquid stocks in each of the six sectors. The index series is calculated and disseminated real-time at 2-second intervals.

The new futures will be launched on 9 May 2016 and will bring the number of futures and mini-futures linked to indexes in the Hang Seng Family of Indexes to 13. 

Like this article? Sign up to our free newsletter

Most Popular

Further Reading