Lion-OCBC Securities Hang Seng TECH ETF replicates as closely as possible, before expenses, the performance of the Hang Seng TECH Index. The Hang Seng TECH Index was launched in July 2020 and it tracks the 30 largest Chinese TECH-themed companies listed in Hong Kong.
As the name of the ETF itself implied, Lion Global Investors has partner with OCBC securities to launch the first technology focused ETF which will start trading on SGX on 10 December 2020.
The Hang Seng TECH Index is reviewed on a quarterly basis but included a “Fast Entry” rule that allows fast-tracked inclusion for qualified IPOs that rank in the index’s top ten by market cap.
Wondering what are the Chinese tech companies in the index? See below.