CESC announces launch of CES SCHK50 Index


China Exchanges Services Company Limited (CESC) today announced its CES Stock Connect Hong Kong Premier 50 Index (CES SCHK50), an index designed to capture the performance of the 50 largest stocks by market capitalisation listed in Hong Kong and eligible for Stock Connect will be launched on Thursday, 4 January 2018.

The constituents cover both traditional core industries and enterprises from the new economy. The index weighting of a single stock is capped at 10 per cent.

The CES SCHK50 will be calculated in Hong Kong dollars (HKD) and disseminated in real-time at five-second intervals. The end of day index and total return index of the CES SCHK50 will be available in both Renminbi (CNY) and HKD.

Given the comprehensive industry distribution of its constituents, the CES SCHK50 will represent a relatively stable portfolio of stocks with steady growth potential. As the constituents of the CES SCHK50 are eligible for Southbound Trading under Stock Connect, it can serve as the benchmark for Mainland China’s investors who need or want to allocate assets to Hong Kong’s stock market,” said CESC Chief Executive Mao Zhirong.

CESC has licensed the CES SCHK50 to a product issuer to serve as the underlying index for the creation of an index-linked product. CESC always pays attention to the latest market developments and strives to meet clients’ needs. We hope to see more products on our indices in the future,” Mr Mao added.

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CESC announces launch of CES SCHK50 Index

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