HSBC Global Asset Management (HSBC GAM) has launched the first UCITS ETF tracking the Hang Seng TECH Index on the London Stock Exchange (LSE).
HSBC Hang Seng TECH UCITS ETF aims to provide investment access to China's growing technology sector by following the performance of the Hang Seng TECH index, which targets the 30 largest technology companies listed on the Stock Exchange of Hong Kong. The index contains companies from five different sectors including information technology, industrials, healthcare, consumer discretionary and financials. HSBC GAM appoints Stuart Kirk as global head of research and insights To be eligible, companies must have a strong exposure to one of five themes; cloud, e-commerce, digital, fintec...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
