S&P to launch new HK index series

Standard & Poor''s will collaborate with Hong Kong Exchanges and Clearing to create a new set of Hong Kong stock indices.

SP and HKEx have joined together to form a new series of Hong Kong stock indices. There will be four new indices of large, medium and small cap stocks as well as one composite index based on all three other indices. All the stocks represented in the indices will from the main board of the Stock Exchange of Hong Kong.

The first new index is the SPHKEx 25 made up of 25 large cap stocks, which comprises almost 75% of the main board's market cap. The SPHKEx MidCap 25 will be made up of 25 mid cap stocks and the SPHKEx Small...

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