On October 12, Hong Kong Exchanges and Clearing Limited (HKEX) announced that it has partnered with leading index provider S&P Dow Jones Indices to develop and launch the "S&P 500 HKEX Tech 100 Index," offering the market a cross-market benchmark that combines leading US-listed companies with the largest technology companies listed in Hong Kong.

Hong Kong's equity market has continued to expand and has attracted a growing concentration of technology and innovation-driven enterprises. At the same time, investors are looking to global markets to diversify their investments and seek new opportunities, driving a notable rise in demand for flexible global investment solutions. Against this backdrop, the S&P 500 HKEX Tech 100 Index tracks the performance of both markets through a single benchmark, combining the growth potential of Hong Kong's technology and innovation companies with the scale and diversity of the large-cap US market, giving investors broader exposure across different regions, sectors, and sources of growth. The index allocates approximately 60% to the HKEX Tech 100 Index and 40% to the S&P 500 Index, with weights rebalanced quarterly.

Wilfred Yiu, Head of Markets at HKEX, said: "Innovation has become a key driver for companies to achieve growth and for investors to capture opportunities. We are pleased to partner with S&P Dow Jones Indices to launch this index, which simultaneously tracks Hong Kong's thriving technology and innovation ecosystem and the large-cap US market, bringing together the complementary strengths of both locations and offering investors a convenient new pathway for cross-market investment. HKEX will continue to expand its index products and develop innovative solutions to support the sustainable development of the market."

Robert Ross, Chief Commercial Officer at S&P Dow Jones Indices, said: "Hong Kong's technology ecosystem is developing rapidly, and investors are increasingly looking at growth opportunities through a more global lens. These trends are driving demand for innovative benchmark indices. We are delighted to partner with HKEX to develop the S&P 500 HKEX Tech 100 Index, bringing Hong Kong's vibrant technology industry together with leading US large-cap companies in a single, transparent benchmark. This collaboration demonstrates how index innovation can connect the strengths and opportunities of different markets through a unified, rules-based framework."

Specifically, the S&P 500 HKEX Tech 100 Index was launched on September 30, 2026, with the aim of supporting future ETFs that track the index in qualifying for inclusion in Stock Connect trading. The HKEX Tech 100 Index was launched in December 2025 and reflects the performance of the 100 largest Hong Kong-listed securities by market capitalization that are highly related to six major technology themes: artificial intelligence, biotechnology and pharmaceuticals, electric vehicles and smart driving, information technology, internet, and robotics. The S&P 500 Index covers 500 leading US companies, accounting for approximately 85% of the total market capitalization of the investable US equity market.