Hong Kong to launch Hang Seng Tech Index.
This is mirroring the US Nasdaq where the top 30 tech stocks in HSI will be part of this Hang Seng Tech Index.
This will be launched from 27 July onwards and it will be interesting to see how this will mirror the US Nasdaq movements.
Some of the most valuable Chinese Internet companies as its constituents includes Alibaba Group Holding (9988.HK), Tencent Holdings (0700.HK), Meituan Dianping (3690.HK) and Xiaomi (1810.HK).
More details in the link below: http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1029097/popular-news
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