The Hang Seng Technology Index underwent large-scale adjustments for the first time in nearly 6 years since its inception. The number of constituent stocks will be increased from 30 to 50. Hang Seng Index will introduce a “dual track” stock selection mechanism, using “market value” and “revenue growth” as the criteria. Hang Seng Index said that the fastest growing technology company is not necessarily the company with the largest market capitalization. The 40 constituent stocks will be included according to the size of market capitalization, and only 10 will be included according to the revenue growth rate of the past 12 months. Furthermore, Ke indicated that industry requirements will be abolished. In other words, companies with a certain concentration of technology in various industries have the opportunity to be included in the Science Index. Hang Seng Index said that there are companies with technological attributes in every industry, and technological development has surpassed the limitations of traditional industries. The science index will have six major themes, namely digital platforms and solutions, artificial intelligence, advanced hardware, robotics and automation, cloud, and cutting-edge technology. Among them, cutting-edge technology was added as a new theme. The results of the review were announced on November 20, and the revisions will take effect on December 7 this year.

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