KRX, Hang Seng Indexes Company launch four cross-market indexes

Home > Business > Finance

print dictionary print

KRX, Hang Seng Indexes Company launch four cross-market indexes

The Korea Exchange logo is displayed in Yeouido, western Seoul in this file photo [YONHAP]

The Korea Exchange logo is displayed in Yeouido, western Seoul in this file photo [YONHAP]

 
The Korea Exchange (KRX) announced Tuesday that it has partnered with Hong Kong's Hang Seng Indexes Company (HSIL) to launch four cross-market stock indexes aimed at expanding investment opportunities across key industries in both markets.
 
The lineup includes one index that combines the benchmark indexes of both countries, along with three thematic indexes focused on semiconductors, information technology and biotechnology, the Korean bourse operator said.
 

Related Article

The indexes are weighted about 65 percent toward Hong Kong assets and 35 percent toward Korean assets.
 
The KRX announced the indexes are aimed at providing investors with exposure to the broader stock market of the two countries.
 
The collaboration comes as investor interest in both markets has remained strong, with Korea's and Hong Kong's benchmark indexes rising more than 75 percent and 27 percent, respectively, last year.
 
The KRX added that it plans to build on the partnership with HSIL and introduce additional thematic indexes in areas where investor demand is growing.

Yonhap
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)