Hong Kong Tech Index Set for Overhaul With More Firms, AI Focus The Hang Seng Index Company has announced plans to revamp the city's main tech gauge, introducing new companies and placing greater emphasis on artificial intelligence.
The overhaul will replace or alter the weightings of around 30 40% of existing constituents in the index. The reasons for this shake up are twofold.
Firstly, the Hang Seng Tech Index has struggled to keep pace with its regional counterparts, lagging behind indices like the NASDAQ in terms of performance and market capitalization.