HKEX launched its Artificial Intelligence Index and Semiconductor Index on 23 October, adding two Hong Kong equity benchmarks to its proprietary index range. It also licensed the AI index to China Southern Asset Management Company Limited for ETF products in the Chinese mainland, with launch details to be announced later.[1]
The two new benchmarks
| Feature | AI index | Semiconductor index |
|---|---|---|
| Constituents | 40 Hong Kong-listed companies | 30 largest eligible Hong Kong-listed companiesSource 1 |
| Coverage | Chip design, data centres, infrastructure, models and applications | Manufacturing, equipment, electronic components, computing hardware and storageSource 1 |
| Selection and weighting described | Fundamental-tilted approach tied to AI investment | Largest semiconductor-related companiesSource 1 |
| ETF arrangement announced | Southern Asset Management; mainland products | No equivalent fund launch announced in this releaseSource 1 |
The AI methodology seeks companies with meaningful research-and-development and capital spending rather than relying solely on a broad technology label. The semiconductor basket covers a different industrial chain, so the two indices should not be treated as interchangeable exposures.[1]
The benchmark launch and fund launch are separate events. HKEX’s agreement establishes permission for Southern Asset Management to use the AI index; investors still need the issuer’s eventual fund documentation for listing venue, fees, ticker and dealing date.[1]
Sources & further reading
- HKEX Launches Artificial Intelligence and Semiconductor Indices Hong Kong Exchanges and Clearing · 23 Oct 2026 · Accessed 26 Oct 2026