On December 18, Hang Seng Indexes Company announced the launch of the Hang Seng Stock Connect Electronic Industry Theme Index. This index reflects the performance of Hong Kong-listed companies accessible through Stock Connect that are engaged in the electronic industry, including semiconductors, basic electronic components, telecommunications equipment, IT hardware, and audiovisual equipment. The index comprises a fixed number of 40 constituents, representing the highest-market-cap stocks aligned with the electronic theme, reviewed semi-annually with quarterly weight adjustments.

Notable constituents include AAC TECH, TCL Electronics, SMIC, Lenovo Group, and ZTE. Public records show that AAC TECH (02018) listed in Hong Kong in 2005. In the first half of 2025, the company reported revenue of RMB 13.32 billion, up 18.4% year-on-year, with net profit surging 63.1% to RMB 876 million. AAC TECH allocates 7%-10% of its annual revenue to R&D, with innovation centers spanning 19 countries and regions, and holds over 18,000 global patent applications.

The company is expanding its presence across multiple sectors, including smartphones, smart vehicles, embodied AI, AI infrastructure, VR/AR, and smart home technologies, driving a new era of sensory experiences. Notably, following its acquisition of Dispelix, a leader in optical waveguides, AAC TECH is preparing for mass production of next-gen AR products, with large-scale deliveries expected by 2026. Its high-value core components—particularly optical waveguides, light engines, and acoustics—are deeply embedded in the supply chains of Google and Meta, positioning the company to capture growth opportunities in the global premium market.