HKEX Launches AI and Semiconductor Indices, Paving Way for New ETFs

Hong Kong Exchanges and Clearing (HKEX) has launched two thematic benchmarks, the HKEX Artificial Intelligence Index and HKEX Semiconductor Index, expanding its proprietary index offering. The AI index tracks 40 Hong Kong-listed companies across chip design, data centers, AI infrastructure, models, software and physical applications. Constituents are selected and weighted using a fundamentals-based approach emphasizing AI research spending and capital investment. The Semiconductor Index covers the 30 largest Hong Kong-listed semiconductor-related companies, spanning manufacturing, equipment, electronic components, computing hardware and storage. HKEX has also signed a licensing agreement with Southern Asset Management to develop ETFs tracking the AI index in mainland China. The ETFs have not yet launched, with product details to be announced later.