Looking to invest in FAANG stocks of the East? The answer for a Nasdaq-like index for Hong Kong with a focus on technology companies has finally arrived. Hong Kong’s Hang Seng Indexes recently launched the Hang Seng TECH Index. Following its launch, exchange-traded funds (ETFs) that track the index have also cropped up so that investors can gain exposure to the high-growth Chinese tech companies. Right now, let’s explore what the new index is all about and the options available for investors to easily diversify their portfolio.

Source: Giphy TL;DR: Hang Seng TECH Index And Related ETFs Here’s a summary of the article: The Hang Seng TECH Index comprises the 30 largest technology companies listed on the Hong Kong stock exchange. Some of the index components include companies such as Lenovo Group, NetEase, and Xiaomi. One cannot invest directly in an index. However,...