Hang Seng Indexes Licenses KraneShares to Use Hang Seng TECH Index as Basis for ETF

(Hong Kong, 10 June 2021) – Hang Seng Indexes Company has licensed the Hang Seng TECH Index to Krane Funds Advisors, LLC (‘KraneShares’) to serve as the underlying index for the creation of an exchange-traded fund (‘ETF’). The ETF was listed on the New York Stock Exchange on 9 June 2021. 

The Hang Seng TECH Index represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index's screening criteria. 

The new ETF will bring the number of exchange-traded products linked to indexes in the Hang Seng Family of Indexes to 104 – with listings on 18 different stock exchanges across the world. As at the end of May 2021, AUM in products passively tracking indexes in the Hang Seng Family of Indexes had reached a total of about USD41.6 billion. 

For further details of the Hang Seng TECH Index, please visit www.hsi.com.hk. 

- End - 

About Hang Seng Indexes Company Limited 

Hang Seng Indexes Company Limited (‘Hang Seng Indexes Company’) manages and compiles the Hang Seng Family of Indexes, which cover stocks listed in Hong Kong and Mainland China. Our index series includes the Hang Seng Index, the Hang Seng China Enterprises Index and the Hang Seng TECH Index, as well as Stock Connect, Greater Bay Area and sector-related indexes. As at the end of 2020, assets under management in products passively tracking indexes in the Hang Seng Family of Indexes had reached a total of about US$38 billion. Hang Seng Indexes Company is a wholly owned subsidiary of Hang Seng Bank. For further information on the Hang Seng Family of Indexes, please visit www.hsi.com.hk