Feb 2024

Highlights
• In February, the Hong Kong stock market extended its rally from January’s low, as sentiment was lifted by a barrage of suppor tive
measures. Technology stocks particularly outperformed. Month-on-month ('MoM'), the Hang Seng Index (‘HSI’) and the Hang Seng
China Enterprises Index (‘HSCEI’) rose by 6.6% and 9.3% respectively, with their corresponding HSI Volatility Index ('VHSI') and
HSCEI Volatility Index ('VHSCEI') dropped by 5% and 2%, respectively, to 25 and 29.
• The Hang Seng TECH Index, which tracks major technology players listed in Hong Kong, rose by 14.2% MoM.
• The Hang Seng Stock Connect China 500 Index, which reflects the overall performance of the 500 largest listed companies in Hong
Kong and mainland China, rose by 9.5% MoM. The Hang Seng Stock Connect China A 300 Index, which measures the
performance of the top 300 largest A-share stocks, rose by 9.3% MoM.
• Among the Hang Seng Composite Index sectors, Consumer Discretionary was the best performer (+16.6% MoM), while
Telecommunications fared the worst (+0.4% MoM).
• Within the ESG Indexes Series, the HSCEI ESG Enhanced Index was the best performer (+11.5% MoM) in the Hong Kong market,
while the Hang Seng (China A) Corporate Sustainability Index was the best performer (+9.7% MoM) in the Mainland / Cross
market.
• In the universe of thematic indexes, the Hang Seng SCHK New Economy Index was the best performer (+14.8% MoM) in the Hong
Kong market, while the Hang Seng Shanghai-Shenzhen-Hong Kong Technology Select 50 Index was the best performer (+22.3%
MoM) in the Mainland / Cross market.
• For the Hang Seng Smart Beta Index Series, the Hang Seng Large-Mid Cap Low Size Select Index that captures exposure to the
'Low Size' factor rose 8.2% MoM, outperformed all Select Indexes in the Hong Kong market, while the Hang Seng China A Low
Size Select Index (+11.0% MoM) and the Hang Seng Stock Connect China Low Size Select Index (+10.3% MoM) were the best
performers in the Mainland and Cross market, respectively.
• The Hang Seng Stock Connect Greater Bay Area Composite Index increased by 8.6% MoM. For the sub -indexes that measure
performance by market, region, industry, and thematic/factor & strategy, the respective outperformers were China A (+10.0%
MoM), Macao-Zhuhai-Zhongshan-Jiangmen (+11.8% MoM), Information Technology (+21.3% MoM) and Innovation Top 50
(+13.3% MoM).
• As at 29 February, assets under management (‘AUM’) in products passively tracking indexes in the Hang Seng Family of Indexes
was about US$64.8 billion (+3.9% MoM). AUM in exchange-traded products linked to the HSI, HSCEI and HSTECH were
US$19.94 billion (+2.8% MoM), US$5.14 billion (+6.2% MoM) and US$15.44 billion (+1.5% MoM) respectively.

Hong Kong-listed Mainland-listed Cross-market

1 month change 1 month change 1 month change

HSTECH 14.2% Hang Seng Stock Connect Hang Seng Stock Connect
9.3% 9.5%
China A 300 Index China 500 Index

HSCEI 9.3%
Hang Seng China A Hang Seng Stock Connect
7.7% 9.0%
Industry Top Index China Enterprises Index

Hang Seng Stock Connect

Hang Seng China A Top
HSI 6.6% 7.0% Greater Bay Area 8.6%
100 Index
Composite Index

1
Point Change Contribution (1 month)
Point change % change Point change % change Point change % change
Hang Seng Index +1,026.4 6.6% Hang Seng China Enterprises Index +483.8 9.3% Hang Seng TECH Index +425.5 14.2%

Top Contributor Top Contributor Top Contributor

3690.HK MEITUAN - W 160.8 2015.HK LI AUTO - W 85.0 2015.HK LI AUTO - W 144.4

2015.HK LI AUTO - W 154.4 3690.HK MEITUAN - W 80.0 3690.HK MEITUAN - W 53.6
9988.HK BABA - SW 62.6 0939.HK CCB 22.5 9999.HK NTES - S 33.6
1299.HK AIA 48.0 0883.HK CNOOC 21.9 1024.HK KUAISHOU - W 30.7
0939.HK CCB 40.8 9988.HK BABA - SW 21.5 0981.HK SMIC 22.2
* Note: The contributions shown are in index point.
Top Performer Top Performer Top Performer

2015.HK LI AUTO - W 67.3% 2015.HK LI AUTO - W 67.3% 2015.HK LI AUTO - W 67.3%

0968.HK XINYI SOLAR 33.0% 0968.HK XINYI SOLAR 33.0% 9698.HK GDS - SW 28.4%
3690.HK MEITUAN - W 27.6% 3690.HK MEITUAN - W 27.6% 3690.HK MEITUAN - W 27.6%
9961.HK TRIP.COM - S 27.2% 9961.HK TRIP.COM - S 27.2% 9961.HK TRIP.COM - S 27.2%
0868.HK XINYI GLASS 24.0% 0291.HK CHINA RES BEER 20.6% 0241.HK ALI HEALTH 20.3%

Hang Seng Index (HSI)/ Hang Seng China Enterprises Index (HSCEI)/
HSI Volatility Index (VHSI) HSCEI Volatility Index (VHSCEI)
24,000 35 8,000 40

22,000 30 35

7,000 30

VHSCEI
HSCEI

20,000 25
VHSI
HSI

25
18,000 20
6,000 20

16,000 15 15

5,000 10
14,000 10

HSCEI VHSCEI
HSI VHSI

Hang Seng Index (HSI) -

Historical Dividend Yield and PE Ratio

20 5.0

18 4.5
16
Dividend Yield

4.0
14
PE

3.5
12
3.0
10

8 2.5

6 2.0
Feb-19 Feb-20 Feb-21 Feb-22 Feb-23 Feb-24

PE Ratio Dividend Yield

2
Hang Seng Composite Index and Related Index Series
Hang Seng Composite Index (HSCI) - Industry Indexes Hang Seng Composite Index - Industry Weighting
1-month change Energy, 4.6%
Consumer Discretionary 16.6% Conglomerates,
1.5% Materials, 1.5%
Industrials 11.5% Industrials,
Healthcare 11.5% 3.1%
Information
Technology, Consumer
Materials 10.0%
25.3% Discretionary,
Consumer Staples 8.6% 13.0%
Information Technology 7.7%
Consumer
HSCI 7.2% Staples, 2.9%

Energy Properties & Healthcare,

6.9%
Construction, 5.3%
Properties & Construction 5.4% 5.8% Financials,
Utilities 5.2% 29.1%

Conglomerates 3.6%
Telecommunications,
Financials 3.5% 3.8%

Telecommunications 0.4% Utilities, 4.0%

*Note: Weightings may not add up to 100% due to rounding

Hang Seng Composite Index (HSCI) - Size Indexes Hang Seng Composite Index - Size Weighting
1-month change Small Cap,
4.1%

Mid Cap 10.0%

Mid Cap, 14.2%

Small Cap 7.3%

HSCI 7.2%
Large Cap,
81.7%

Large Cap 6.7%

* Note: *Note: Weightings may not add up to 100% due to rounding

Large Cap: Hang Seng Composite LargeCap Index
Mid Cap: Hang Seng Composite MidCap Index
Small Cap: Hang Seng Composite SmallCap Index

Hang Seng Composite Index (HSCI) - Historical Dividend Yield and PE Ratio
22 5.0
20
4.5
18
Dividend Yield

4.0
16
PE

14 3.5
12
3.0
10
2.5
8
6 2.0

PE Ratio Dividend Yield

3
ESG, Thematic and Strategic Indexes
ESG Indexes - Hong Kong Market ESG Indexes - Mainland / Cross Market
1-month change 1-month change

HSCEI ESG Enhanced Index 11.5%

Hang Seng (China A) Corporate Sustainability
HSCEI ESG Index 8.7% Index 9.7%

HSI Low Carbon Index 7.2%

HSI ESG Enhanced Index 6.7%
Hang Seng Climate Change 1.5°C Target Hang Seng (China A) Corporate Sustainability
6.6% Benchmark Index 8.8%
Index

HSI ESG Index 5.5%

Hang Seng Corporate Sustainability Index 4.4%
Hang Seng Corporate Sustainability Hang Seng (Mainland and HK) Corporate
4.4% Sustainability Index 5.8%
Benchmark Index

Hang Seng ESG 50 Index 3.8%

Thematic Indexes - Hong Kong Market Thematic Indexes - Mainland / Cross Market
1-month change 1-month change

Hang Seng Shanghai-Shenzhen-Hong Kong

Hang Seng SCHK New Economy Index 14.8% Technology Select 50 Index 22.3%

Hang Seng Stock Connect China New

Hang Seng Hong Kong-Listed Biotech Index 12.4% Infrastructure Index 14.3%

Hang Seng SCHK China Technology Index 12.2% Hang Seng China Metaverse Index 13.8%

Hang Seng Shanghai-Shenzhen-Hong Kong

Hang Seng SCHK Healthcare Index 11.9% New Consumption Index 12.9%

Hang Seng Shanghai-Shenzhen-Hong Kong

Hang Seng Defensive Industries Index 7.5% Innovative Drug Select 50 Index 12.2%

Hang Seng SCHK Mainland China Banks Index 6.9% Hang Seng China A Defensive Industries Index 11.1%

Hang Seng REIT Index -0.3% Hang Seng China New Economy Index 9.1%

Strategic Indexes - Hang Seng Index Strategic Indexes - Hang Seng China Enterprises Index
1-month change 1-month change

HSI Leveraged Index 12.9% HSCEI Leveraged Index 18.4%

Hang Seng Futures Index 6.0% Hang Seng China Enterprises Futures Index 8.7%

Hang Seng Risk Adjusted Index - HSI 20% 5.2% Hang Seng Risk Adjusted Index - HSCEI 25% 8.1%

HSI Covered Call Index 3.3% HSCEI Covered Call Index 3.7%

HSI Short Index -6.0% HSCEI Short Index -8.5%

4
Smart Beta Indexes Series
Hong Kong Market

1 month change
Large-Mid Cap
(Investable) Low Size Momentum Low Volatility Value Quality Dividend Yield
9%
8.1% 8.2% 7.9% 7.8%
8% 7.2% 6.9% 7.2%
7.1% 6.8% 6.9% 6.7%
7% 6.6% 6.2%
6%
5%
4%
3%
2%
1%
0%

Composite Comprehensive Select

Quality
Mainland Market

1 month change
Low Size Quality Momentum Value Dividend Yield Low Volatility
12% 11.1% 11.0% 10.9% 10.8% 10.8% 10.6%
11% 10.0% 9.7% 9.9% 9.6% 9.6%
10% 9.2%
9%
8%
7%
6%
5% Size
Low Dividend Yield
4%
3%
2%
1%
0%

Comprehensive Select

Cross-Market

1 month change
Low Size Quality Momentum Value Low Volatility Dividend Yield
12%
11% 10.5% 10.3%
10% 9.0% 9.1%
8.6% 8.2% 8.6%
9% 7.9% 8.1% 7.8%
8% 7.4% 7.2%
7%
6%
5%
4%
3%
2%
1%
0%

Comprehensive Select

5
Hang Seng Stock Connect Greater Bay Area Index Series
Hang Seng Stock Connect Greater Bay Area Composite Hang Seng Stock Connect Greater Bay Area Composite
Index - Region Weighting Index - Industry Weighting
Other, 1.8%

Guangzhou- Industrials,
Foshan- Information 11.2%
Zhaoqing, Technology,
13.8% Properties & 13.6%
Construction,
8.5% Consumer
Discretionary,
Shenzhen- 18.5%
Dongguan- Hong Kong,
Huizhou, 58.3% 21.6%
Financials,
32.9% Consumer
Staples, 3.1%

Macao-Zhuhai-
Zhongshan- Healthcare,
Jiangmen, 6.2% 6.3%
Utilities, 4.2%

*Note: Weightings may not add up to 100% due to rounding *Note: Weightings may not add up to 100% due to rounding

Market Indexes Region Indexes

1-month change 1-month change

Macao-Zhuhai-Zhongshan-Jiangmen 11.8%

China A 10.0%
Guangzhou-Foshan-Zhaoqing 10.1%

Shenzhen-Dongguan-Huizhou 9.8%

Hong Kong 6.4% Composite 8.6%

Hong Kong 7.8%

* Note: Constituent selection is based on listing place. * Note: Constituent selection is based on headquarters or primary centre of operations.

Industry Indexes Thematic / Factor & Strategy Indexes

1-month change 1-month change

Innovation Top 50 13.3%

Information Technology 21.3%

New Economy 12.7%

Industrials 14.1%

Quality Life 9.9%

Consumer Goods 12.7%
Quality Growth 8.9%
Consumer Services 9.1%
Composite 8.6%
Composite 8.6%
High Dividend Yield 7.7%

Properties & Construction 6.7%

Region Top 6.9%

Financials 6.4% Infrastructure & Transportation 4.5%

6
 Change
PE Ratio Dividend
Index Name 1-Month 3-Month 12-Month YTD (Times) Yield
Hang Seng Index and its related indexes
Hang Seng Index 6.63% -3.12% -16.55% -3.14% 9.56 4.45%
Sub-Indexes
Hang Seng Index - Finance 3.46% 0.29% -12.50% -1.88% 6.53 6.38%
Hang Seng Index - Utilities 5.84% 12.46% -6.49% 4.06% 17.41 5.06%
Hang Seng Index - Properties 4.57% -6.68% -34.74% -10.71% 7.23 7.19%
Hang Seng Index - Commerce & Industry 8.87% -5.55% -17.26% -3.54% 13.26 3.00%
Short & Leveraged
HSI Short Index -5.95% 3.72% 17.53% 3.58% - -
HSI 2x Short Index -12.21% 4.86% 25.22% 5.28% - -
HSI 1.25x Leveraged Index 8.20% -4.36% -21.74% -4.26% - -
HSI Leveraged Index 12.88% -8.49% -36.85% -7.92% - -
HSI 1.2x Leveraged KRW-converted Monthly Reset ER Index 7.49% -5.85% -25.32% -5.38% - -
Currency Hedged
HSI EUR Hedged Index 6.59% -3.59% -17.77% -3.47% - -
HSI GBP Hedged Index 6.69% -3.11% -16.31% -3.10% - -
HSI JPY Hedged Index 6.35% -4.81% -21.51% -4.27% - -
HSI KRW Hedged Index 6.53% -3.84% -17.91% -3.70% - -
HSI RMB Hedged Index 5.69% -4.99% -22.68% -4.58% - -
HSI EUR Daily Hedged Index 6.57% -3.38% -17.34% -3.31% - -
Strategy
Hang Seng Equal Weighted Index 7.99% -3.38% -20.27% -4.34% 8.66 5.99%
HSI Quanto HKDKRW Adjusted Index 6.59% -3.31% -17.45% -3.29% - -
HSI Covered Call Index 3.31% -0.32% 0.56% -3.00% - -
HSI 5% OTM Covered Call Index 6.50% -1.03% -7.88% -1.95% - -
Derivatives
HSI Volatility Index -4.92% 4.12% -9.85% 11.76% - -
Hang Seng Futures Index 5.99% -4.37% -17.53% -4.29% - -
Hang Seng Futures RMB FX Index 5.75% -5.13% -21.05% -5.60% - -
Risk Adjusted
Hang Seng Risk Adjusted Index - HSI 20% 5.20% -2.51% -10.38% -2.83% - -
Hang Seng Risk Adjusted Index (ER) - HSI 20% 4.81% -3.71% -14.57% -3.62% - -
Hang Seng China Enterprises Index and its related indexes
Hang Seng China Enterprises Index 9.32% -3.07% -13.73% -1.57% 8.57 4.26%
Short & Leveraged
Hang Seng China Enterprises Futures Short Index -8.29% 3.54% 13.85% 1.93% - -
Hang Seng China Enterprises Futures 2x Leveraged Index 17.77% -9.28% -31.09% -6.14% - -
HSCEI Short Index -8.46% 3.24% 12.05% 1.56% - -
HSCEI 2x Short Index -17.01% 3.41% 11.95% 0.85% - -
HSCEI Leveraged Index 18.41% -8.78% -33.56% -5.22% - -
HSCEI TR 2x Leveraged Index 18.41% -8.55% -28.40% -5.22% - -
HSCEI 1.2x Leveraged KRW-converted Monthly Reset ER Index 10.71% -5.91% -22.54% -3.64% - -
Currency Hedged
HSCEI EUR Hedged Index 9.27% -3.55% -15.03% -1.92% - -
HSCEI GBP Hedged Index 9.38% -3.06% -13.55% -1.53% - -
HSCEI JPY Hedged Index 9.08% -4.71% -18.83% -2.71% - -
HSCEI KRW Hedged Index 9.21% -3.83% -15.26% -2.17% - -
HSCEI RMB Hedged Index 8.38% -4.93% -20.06% -3.02% - -
HSCEI EUR Daily Hedged Index 9.25% -3.31% -14.52% -1.74% - -
Strategy
Hang Seng China Enterprises Equal Weighted Index 10.44% -4.81% -16.42% -3.41% 8.83 4.34%
Hang Seng China Enterprises Smart Index 9.32% -3.07% -13.48% -1.57% 8.57 4.26%
HSCEI Quanto HKDKRW Adjusted Index 9.27% -3.26% -14.72% -1.72% - -
HSCEI Covered Call Index 3.70% -2.10% 2.22% -3.20% - -
HSCEI 5% OTM Covered Call Index 7.67% -2.19% -4.02% -1.66% - -
HSCEI Daily Reset ER Index 8.91% -4.26% -17.76% -2.37% - -
HSCEI KRW-converted Daily Reset ER Index 8.89% -4.44% -18.65% -2.47% - -
HSCEI NTR KRW-converted Daily Reset 3.25% Decrement ER Index 8.62% -4.95% -17.85% -2.94% - -
HSCEI Futures KRW Hedged 3.4% Decrement Index (TR) 8.70% -4.36% -15.59% -2.77% - -
HSCEI NTR KRW Hedged 400 Points Decrement Index 8.57% -5.33% -17.80% -3.24% - -
Derivatives
HSCEI Volatility Index -1.85% 9.28% -6.48% 14.47% - -
Hang Seng China Enterprises Futures Index 8.70% -4.28% -15.31% -2.70% - -
Hang Seng China Enterprises Futures RMB FX Index 8.45% -5.05% -18.98% -4.04% - -
Risk Adjusted
Hang Seng Risk Adjusted Index - HSCEI 25% 8.05% -3.03% -9.71% -1.88% - -
Hang Seng Risk Adjusted Index (ER) - HSCEI 25% 7.65% -4.23% -13.93% -2.67% - -

7
 Change
PE Ratio Dividend
Index Name 1-Month 3-Month 12-Month YTD (Times) Yield
Hang Seng TECH Index and its related indexes
Hang Seng TECH Index 14.16% -12.01% -12.58% -8.85% 66.72 1.21%
Short & Leveraged
HSTECH Futures 2x Short Index -24.43% 21.42% 5.54% 15.46% - -
HSTECH Futures 2x Leveraged Index 27.16% -26.20% -35.66% -20.91% - -
HSTECH Short Index -12.81% 12.17% 9.04% 8.46% - -
HSTECH 2x Leveraged Index 28.51% -25.87% -34.66% -19.61% - -
HSTECH 2x Short Index -25.15% 20.39% 1.23% 13.72% - -
HSTECH TR 2x Leveraged Index 28.50% -25.70% -33.83% -19.61% - -
Derivatives
HSTECH Futures Index 13.22% -13.10% -16.54% -10.19% - -
Hang Seng Composite Index and its related indexes
Hang Seng Composite Index 7.21% -4.05% -17.03% -3.51% 10.98 4.32%
Industry Sub-Indexes
Hang Seng Composite Industry Index - Energy 6.89% 17.52% 30.31% 15.74% 5.25 9.10%
Hang Seng Composite Industry Index - Information Technology 7.66% -11.63% -21.50% -6.96% 23.77 1.18%
Hang Seng Composite Industry Index - Conglomerates 3.57% 6.85% -11.12% -1.34% 4.89 6.81%
Hang Seng Composite Industry Index - Materials 9.95% 0.25% -9.85% -1.19% 9.18 3.08%
Hang Seng Composite Industry Index - Industrials 11.52% -2.29% -24.13% -4.24% 4.26 9.86%
Hang Seng Composite Industry Index - Consumer Discretionary 16.60% -0.98% -16.37% -1.60% 72.99 1.88%
Hang Seng Composite Industry Index - Consumer Staples 8.60% -8.11% -29.65% -6.12% 13.46 3.80%
Hang Seng Composite Industry Index - Healthcare 11.48% -22.75% -35.67% -15.65% 544.76 1.19%
Hang Seng Composite Industry Index - Telecommunications 0.41% 6.33% 8.12% 3.47% 10.84 6.53%
Hang Seng Composite Industry Index - Utilities 5.22% 8.77% -9.47% 2.36% 13.59 5.05%
Hang Seng Composite Industry Index - Financials 3.50% 0.75% -10.58% -1.56% 6.39 6.45%
Hang Seng Composite Industry Index - Properties & Construction 5.45% -6.92% -35.27% -9.06% 16.06 6.95%
Size Sub-Indexes
Hang Seng Composite LargeCap Index 6.75% -3.89% -16.09% -3.51% 9.94 4.28%
Hang Seng Composite MidCap Index 9.96% -3.17% -17.72% -2.13% 13.24 4.67%
Hang Seng Composite SmallCap Index 7.27% -9.73% -31.59% -8.00% -22.31 4.09%
Hang Seng Composite LargeCap & MidCap Index 7.21% -3.79% -16.31% -3.31% 10.32 4.33%
Hang Seng Composite MidCap & SmallCap Index 9.34% -4.74% -21.20% -3.53% 20.59 4.54%
Hang Seng Large-Mid Cap (Investable) Index 7.19% -4.02% -16.54% -3.45% 10.25 4.36%
Hang Seng Small Cap (Investable) Index 7.74% -9.28% -29.06% -7.52% -107.33 4.20%
Foreign Companies
Hang Seng Foreign Companies Composite Index 15.66% 21.74% 16.79% 15.68% 12.00 3.46%
Region-focused Indexes
Mainland-focused
Hang Seng China A (Investable) Index 10.74% -2.08% -15.74% -0.11% 15.54 2.34%
Hang Seng China A Industry Top Index 7.71% 2.61% -7.23% 3.75% 12.57 3.31%
Hang Seng China A Top 100 Index 6.99% 3.37% -7.74% 4.90% 10.19 3.62%
Hang Seng China A Specialised & Sophisticated Enterprises Index 16.89% -14.53% -37.42% -11.45% 27.96 0.77%
Hang Seng China A Specialised & Sophisticated 50 Index 14.71% -13.71% -41.86% -13.02% 23.71 0.84%
Hang Seng China 50 Index 6.73% -1.32% -13.05% 0.20% 10.10 3.57%
Hang Seng China New Economy Index 9.07% -5.16% -13.06% -3.10% 21.27 1.62%
Hang Seng China (Hong Kong-listed) 100 Index 9.00% -3.63% -15.32% -2.07% 8.80 4.21%
Hang Seng China (Hong Kong-listed) 25 Index 10.13% -1.62% -11.35% 0.13% 7.58 4.58%
Hang Seng China-Affiliated Corporations Index 6.39% 1.03% -11.90% 1.42% 6.17 6.81%
Hang Seng Mainland Banks Index 6.67% 10.54% 0.51% 7.13% 3.75 7.77%
Hang Seng Mainland Oil & Gas Index 5.38% 8.36% 21.88% 9.25% 6.33 7.51%
Hang Seng Mainland Properties Index 8.59% -13.43% -41.03% -12.12% 7.65 5.84%
Hang Seng SCHK China H-Financials Index 6.30% 4.02% -8.07% 3.34% 4.61 7.07%
Hang Seng H40 Reference Index 6.77% 3.92% -6.43% 2.95% 5.20 6.91%
Hang Seng China A Innovative Enterprises Index 13.99% -4.98% -26.49% -4.07% 30.43 0.89%
Hang Seng China State-holding Enterprises Index 6.13% 3.66% -8.64% 2.19% 4.95 7.69%
Hang Seng China Central SOEs Index 6.15% 3.84% -2.62% 3.66% 5.51 7.08%
Hang Seng SCHK China Central State-owned Enterprises Index 6.70% 3.47% -5.63% 4.22% 6.88 6.58%
Hang Seng China Private-owned Enterprises Index 13.10% -8.56% -24.04% -5.92% 22.90 1.97%
Hang Seng SCHK China Private-owned Enterprises Index 15.10% -10.03% -24.72% -6.86% 24.52 1.94%
Shanghai, Shenzhen and Hong Kong-focused
Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) 300 Index 8.65% -1.66% -13.74% 0.35% 14.30 2.73%
Hong Kong-focused
Hang Seng HK 35 3.88% -3.45% -20.19% -6.57% 11.65 5.39%

8
 Change
PE Ratio Dividend
Index Name 1-Month 3-Month 12-Month YTD (Times) Yield
Stock Connect Indexes
Hang Seng Stock Connect China Enterprises Index 8.95% -2.61% -14.01% 0.12% 10.23 3.40%
Hang Seng Stock Connect China 500 Index 9.51% -1.30% -13.98% 1.03% 11.44 3.10%
Hang Seng Stock Connect China 80 Index 8.10% 0.08% -10.17% 2.59% 9.26 3.83%
Hang Seng Stock Connect China A 300 Index 9.28% 0.15% -14.18% 1.91% 13.09 2.79%
Hang Seng SCHK HK Companies Index 4.34% -3.18% -19.42% -6.11% 12.86 5.32%
Hang Seng SCHK Mainland China Companies Index 9.53% -4.67% -16.98% -2.52% 9.77 4.41%
Hang Seng Stock Connect China AH (A) Index 6.03% 5.60% -1.05% 7.64% 9.20 4.14%
Hang Seng Stock Connect China AH (A+H) Index 6.45% 3.45% -8.19% 4.36% 7.27 5.06%
Hang Seng Stock Connect China AH (H) Index 7.00% 1.26% -12.87% 1.23% 5.69 6.40%
Hang Seng Stock Connect Hong Kong Index 7.23% -4.41% -16.78% -3.61% 10.36 4.63%
Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index 9.27% -5.05% -21.38% -3.81% 20.71 4.64%
Hang Seng Stock Connect Hong Kong SmallCap Index 7.58% -9.54% -29.21% -7.72% -17.99 4.23%
Hang Seng Stock Connect China AH Premium Index -1.09% 3.25% 8.96% 4.88% 7.36 5.02%
Hang Seng Stock Connect China AH Smart Index 7.09% 1.39% -11.60% 1.37% 5.69 6.39%
Hang Seng CSI Shanghai-Hong Kong AH Smart Index 6.37% 3.64% -5.60% 4.04% 5.34 7.08%
Hang Seng SCHK Mainland China Banks Index 6.94% 10.78% 1.69% 7.06% 3.62 7.80%
Hang Seng SCHK Healthcare Index 11.92% -20.48% -30.56% -14.82% 77.09 1.30%
Hang Seng SCHK Innovative Drug Index 12.50% -21.08% -27.62% -14.58% 8,330.05 1.41%
Hang Seng SCHK New Economy Index 14.77% -13.55% -18.96% -9.68% 34.85 1.15%
Hang Seng SCHK China Technology Index 12.18% -16.33% -18.72% -13.49% 146.45 1.09%
Hang Seng SCHK Financials Index 4.98% 1.26% -11.62% -0.09% 5.73 6.53%
Hang Seng SCHK Information Technology Index 12.68% -15.46% -17.97% -12.57% 365.22 1.24%
Hang Seng SCHK Consumption Index 14.68% -3.53% -21.82% -3.70% 39.65 2.34%
Hang Seng SCHK Consumer Discretionary Index 15.76% -2.55% -19.65% -3.28% 78.59 2.06%
Hang Seng SCHK Consumer Staples Index 8.12% -8.21% -29.79% -7.03% 12.01 4.36%
Hang Seng SCHK Telecommunications & Utilities Index 4.45% 8.85% -6.21% 3.64% 12.88 5.34%
Hang Seng SCHK Materials & Industrials Index 10.90% -1.28% -19.82% -3.20% 5.15 7.67%
Hang Seng SCHK Properties & Construction Index 6.34% -8.04% -35.93% -8.72% 22.45 6.99%
Hang Seng Insurance Theme Index 6.09% 0.08% -12.97% 0.28% 6.19 6.25%
Hang Seng SCHK Software & Semiconductors Index 14.90% -16.45% -29.35% -11.51% -26.67 0.86%
Hang Seng SCHK Innovative Drug Select Index 12.34% -21.49% -27.91% -14.77% 6,963.96 1.29%
Hang Seng SCHK Healthcare Equipment & Services Index 12.40% -24.09% -47.85% -19.00% -22.33 0.63%
Hang Seng SCHK Culture & Entertainment Index 14.16% -2.82% -30.07% -2.35% -26.22 0.63%
Hang Seng SCHK Financials (Investable) Index 5.01% 1.30% -11.51% 0.01% 5.68 6.59%
Hang Seng SCHK Information Technology (Investable) Index 12.83% -15.54% -17.61% -12.57% 526.17 1.23%
Hang Seng SCHK Consumption (Investable) Index 14.18% -4.01% -20.55% -4.18% 43.94 2.37%
Hang Seng SCHK Consumer Discretionary (Investable) Index 14.38% -3.47% -18.27% -4.26% 126.13 2.14%
Hang Seng SCHK Consumer Staples (Investable) Index 8.59% -8.13% -28.75% -7.00% 11.68 4.46%
Hang Seng SCHK Telecommunications & Utilities (Investable) Index 4.49% 8.99% -6.13% 3.76% 12.76 5.37%
Hang Seng SCHK Materials & Industrials (Investable) Index 10.95% -1.07% -19.84% -3.03% 5.09 7.75%
Hang Seng SCHK Properties & Construction (Investable) Index 5.89% -9.98% -38.45% -9.80% 24.02 7.28%
Hang Seng SCHK Banks & Insurance Index 5.63% 1.71% -11.58% 1.02% 5.44 6.73%
Hang Seng SCHK Software & Semiconductors (Investable) Index 15.00% -16.48% -29.43% -11.50% -25.88 0.84%
Hang Seng SCHK Pharmaceuticals & Biotechnology (Investable) Index 12.63% -19.20% -28.74% -13.69% 169.22 1.37%
Hang Seng SCHK Healthcare Equipment & Services (Investable) Index 12.03% -24.31% -47.91% -19.22% -18.42 0.67%
Hang Seng SCHK Tourism Index 11.64% -0.25% -28.69% -1.50% -14.91 0.92%
Hang Seng Stock Connect China A Top Shareholding 50 Index 9.10% -0.21% -17.86% 2.01% 16.23 2.50%
Hang Seng Stock Connect Hong Kong Top Shareholding 50 Index 7.44% -2.17% -7.85% 0.06% 7.56 5.21%
Greater Bay Area
Hang Seng Stock Connect Greater Bay Area Composite Index 8.60% -2.74% -18.29% -0.90% 15.68 3.01%
Hang Seng Stock Connect Hong Kong Greater Bay Area Index 6.39% -5.85% -23.45% -5.70% 16.18 3.79%
Hang Seng Stock Connect China A Greater Bay Area Index 10.02% 1.59% -17.20% 3.54% 13.30 2.82%
Hang Seng Stock Connect Greater Bay Area Hong Kong Index 7.81% 1.15% -17.66% -3.36% 19.04 5.54%
Hang Seng Stock Connect Greater Bay Area Shenzhen-Dongguan-Huizhou Index 9.80% -2.92% -17.35% 0.07% 12.83 2.61%
Hang Seng Stock Connect Greater Bay Area Guangzhou-Foshan-Zhaoqing Index 10.10% -6.63% -27.85% -3.52% 22.41 2.67%
Hang Seng Stock Connect Greater Bay Area Macao-Zhuhai-Zhongshan-Jiangmen Index 11.81% 0.05% -19.09% 0.34% 100.74 1.83%
Hang Seng Stock Connect Greater Bay Area Financials Index 6.36% -0.28% -15.60% 1.77% 10.34 3.86%
Hang Seng Stock Connect Greater Bay Area Information Technology Index 21.26% -7.32% -10.78% -4.19% 39.68 1.01%
Hang Seng Stock Connect Greater Bay Area Industrials Index 14.10% -7.92% -28.23% -6.26% 21.17 1.50%
Hang Seng Stock Connect Greater Bay Area Properties & Construction Index 6.65% -5.97% -34.14% -5.34% 11.08 5.74%
Hang Seng Stock Connect Greater Bay Area Consumer Goods Index 12.67% -1.95% -11.70% 0.74% 22.68 2.31%
Hang Seng Stock Connect Greater Bay Area Consumer Services Index 9.13% -0.38% -21.51% -1.83% -62.18 1.81%
Hang Seng Stock Connect Greater Bay Area New Economy Index 12.71% -3.46% -12.50% -1.38% 20.63 2.01%
Hang Seng Stock Connect Greater Bay Area Infrastructure & Transportation Index 4.50% -3.18% -19.49% -2.14% 166.44 2.76%
Hang Seng Stock Connect Greater Bay Area Quality Life Index 9.85% 0.75% -9.25% 0.62% 40.68 2.25%
Hang Seng Stock Connect Greater Bay Area Region Top Index 6.86% -0.24% -17.57% 1.14% 11.82 3.69%

9
 Change
PE Ratio Dividend
Index Name 1-Month 3-Month 12-Month YTD (Times) Yield
Hang Seng Stock Connect Greater Bay Area Quality Growth Index 8.85% 0.53% -21.91% 2.43% 12.52 2.87%
Hang Seng Stock Connect Greater Bay Area Innovation Top 50 Index 13.26% -8.78% -21.94% -5.92% 26.18 1.18%
Hang Seng Stock Connect Greater Bay Area High Dividend Yield Index 7.65% -3.01% -20.69% -3.22% 6.58 7.14%
Factor Indexes
Hang Seng SCHK High Dividend Low Volatility Index 5.76% 6.68% 2.33% 3.05% 4.59 7.55%
Hang Seng SCHK Quality Growth Low Volatility Index 5.94% 1.88% -8.88% 1.62% 6.22 5.82%
Hang Seng SCHK High Dividend Yield Index 5.77% 4.45% -10.06% 0.40% 4.85 10.21%
Factor Indexes
Hang Seng High Beta Index 14.42% -19.82% -41.53% -12.44% -4.49 1.09%
Hang Seng High Dividend Yield Index 4.96% 3.01% -11.47% 0.06% 5.57 8.44%
Hang Seng Low Volatility Index 5.52% 6.39% -5.83% 1.16% 5.96 7.01%
Hang Seng China High Dividend Yield Index 6.42% 0.71% -15.17% -1.58% 4.60 7.89%
Hang Seng Mainland China Companies High Dividend Yield Index 6.72% 4.49% -7.92% 2.69% 5.10 8.16%
Hang Seng SCHK High Dividend Yield Screened Index 6.57% 6.28% -7.98% 2.58% 4.48 10.61%
Hang Seng SCHK China Central SOEs High Dividend Yield Index 5.10% 6.40% 1.50% 3.36% 5.08 7.69%
Hang Seng Large-Mid Cap Value Select Index 6.77% -1.67% -13.04% -1.94% 6.37 5.67%
Hang Seng Large-Mid Cap Value Comprehensive Index 7.22% -1.69% -13.13% -1.70% 6.78 5.35%
Hang Seng Large-Mid Cap Momentum Select Index 7.80% -1.63% -13.32% -1.31% 8.63 4.15%
Hang Seng Large-Mid Cap Momentum Comprehensive Index 7.88% -1.97% -12.83% -1.47% 8.54 4.27%
Hang Seng Large-Mid Cap Quality Select Index 6.71% -4.18% -17.01% -3.06% 8.50 4.61%
Hang Seng Large-Mid Cap Quality Comprehensive Index 6.88% -3.89% -16.57% -2.79% 8.42 4.54%
Hang Seng Large-Mid Cap Dividend Yield Select Index 6.24% -1.91% -13.37% -1.94% 6.04 6.37%
Hang Seng Large-Mid Cap Dividend Yield Comprehensive Index 6.59% -1.88% -12.78% -1.75% 6.21 6.08%
Hang Seng Large-Mid Cap Low Volatility Select Index 6.94% -2.16% -13.49% -2.10% 7.62 4.80%
Hang Seng Large-Mid Cap Low Volatility Comprehensive Index 7.09% -2.24% -13.26% -1.98% 7.68 4.76%
Hang Seng Large-Mid Cap Low Size Select Index 8.22% -5.22% -18.85% -4.28% 10.44 4.11%
Hang Seng Large-Mid Cap Low Size Comprehensive Index 8.14% -4.59% -17.46% -3.53% 9.48 4.38%
Hang Seng Large-Mid Cap Equal Weighted Factor Mix (QVLM) Index 7.27% -2.45% -13.96% -1.98% 7.78 4.73%
Hang Seng Large-Mid Cap Risk Parity Factor Mix (QVLM) Index 7.24% -2.70% -14.40% -2.10% 7.95 4.66%
Hang Seng China A Value Select Index 9.69% 2.36% -7.98% 3.85% 9.15 3.66%
Hang Seng China A Value Comprehensive Index 10.04% 0.59% -10.50% 2.26% 10.03 3.32%
Hang Seng China A Momentum Select Index 10.65% 2.37% -10.30% 3.46% 14.02 2.66%
Hang Seng China A Momentum Comprehensive Index 10.76% 0.64% -11.59% 2.03% 14.59 2.52%
Hang Seng China A Quality Select Index 10.77% 0.41% -15.83% 1.54% 11.85 2.91%
Hang Seng China A Quality Comprehensive Index 10.87% -0.97% -15.83% 0.54% 12.60 2.73%
Hang Seng China A Dividend Yield Select Index 9.64% 2.33% -9.16% 3.63% 9.51 3.88%
Hang Seng China A Dividend Yield Comprehensive Index 9.93% 1.07% -10.60% 2.50% 10.20 3.55%
Hang Seng China A Low Volatility Select Index 9.18% 0.69% -8.73% 2.28% 11.76 3.00%
Hang Seng China A Low Volatility Comprehensive Index 9.56% -0.57% -10.38% 1.20% 12.48 2.80%
Hang Seng China A Low Size Select Index 11.01% -3.90% -17.80% -1.54% 12.89 2.40%
Hang Seng China A Low Size Comprehensive Index 11.08% -4.28% -16.93% -2.01% 14.30 2.27%
Hang Seng Stock Connect China Value Select Index 7.94% 0.44% -8.55% 2.25% 7.38 4.52%
Hang Seng Stock Connect China Value Comprehensive Index 8.56% 0.04% -9.86% 1.85% 7.87 4.26%
Hang Seng Stock Connect China Momentum Select Index 8.22% 1.38% -8.83% 2.96% 10.21 3.37%
Hang Seng Stock Connect China Momentum Comprehensive Index 9.10% 0.91% -9.51% 2.55% 10.24 3.36%
Hang Seng Stock Connect China Quality Select Index 8.60% -0.61% -14.17% 1.61% 9.60 3.53%
Hang Seng Stock Connect China Quality Comprehensive Index 8.97% -0.71% -13.91% 1.28% 9.64 3.54%
Hang Seng Stock Connect China Dividend Yield Select Index 7.23% 1.08% -9.27% 2.96% 7.53 4.86%
Hang Seng Stock Connect China Dividend Yield Comprehensive Index 7.76% 0.38% -10.42% 2.42% 7.99 4.46%
Hang Seng Stock Connect China Low Volatility Select Index 7.43% 0.39% -8.00% 2.51% 9.48 3.55%
Hang Seng Stock Connect China Low Volatility Comprehensive Index 8.12% 0.06% -8.89% 2.10% 9.68 3.52%
Hang Seng Stock Connect China Low Size Select Index 10.32% -2.63% -18.32% -0.21% 10.72 2.97%
Hang Seng Stock Connect China Low Size Comprehensive Index 10.52% -2.14% -15.82% -0.06% 10.86 3.12%
Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index 6.02% 10.84% 7.37% 7.44% 5.28 8.25%
Hang Seng SCHK Central SOEs Value Index 4.90% 8.49% 5.19% 5.64% 3.50 10.29%
Hang Seng SCHK Central SOEs Quality Index 6.72% 6.43% -5.23% 4.64% 4.66 9.17%
Hang Seng SCHK Central SOEs Low Volatility Index 5.97% 6.60% 2.32% 4.61% 5.16 6.93%
Hang Seng SCHK Central SOEs Momentum Index 6.31% 6.59% -0.67% 4.51% 6.45 6.16%
Hang Seng SCHK Central SOEs Select Index 6.34% 2.11% -8.75% 1.63% 4.68 10.22%
Hang Seng SCHK SOEs Value Index 5.23% 7.99% 5.07% 5.37% 3.60 10.55%
Hang Seng SCHK SOEs Quality Index 6.75% 5.51% -4.89% 2.83% 4.79 8.20%
Hang Seng SCHK SOEs Low Volatility Index 6.20% 5.15% 1.26% 3.34% 5.35 7.09%
Hang Seng SCHK SOEs Momentum Index 6.28% 6.17% -1.91% 3.96% 5.98 6.57%
Hang Seng SCHK SOEs Select Index 7.25% 1.79% -9.16% 1.50% 4.97 8.79%
Hang Seng SCHK SOEs High Dividend Yield Index 5.38% 7.15% 0.11% 4.04% 5.18 8.30%

10
 Change
PE Ratio Dividend
Index Name 1-Month 3-Month 12-Month YTD (Times) Yield
ESG Indexes
Hang Seng (China A) Corporate Sustainability Benchmark Index 8.81% 4.24% -9.95% 4.99% 12.82 3.07%
Hang Seng (China A) Corporate Sustainability Index 9.72% 1.86% -10.42% 2.28% 11.31 3.12%
Hang Seng (Mainland and HK) Corporate Sustainability Index 5.81% -1.16% -12.76% -3.16% 10.04 4.79%
Hang Seng Corporate Sustainability Benchmark Index 4.40% -2.30% -15.31% -5.61% 10.41 5.48%
Hang Seng Corporate Sustainability Index 4.42% -2.30% -14.52% -5.78% 10.92 5.78%
HSI ESG Index 5.45% -2.95% -16.22% -4.35% 10.14 4.85%
HSI ESG Enhanced Index 6.69% -8.54% -25.80% -7.09% 11.56 4.03%
HSI ESG Enhanced Select Index 7.15% -7.85% -26.34% -7.10% 11.20 4.30%
HSI Low Carbon Index 7.16% -3.34% -17.71% -3.27% 9.56 4.32%
HSCEI ESG Index 8.74% -3.79% -12.61% -2.88% 8.75 4.07%
HSCEI ESG Enhanced Index 11.55% -7.44% -20.39% -4.59% 11.54 3.05%
HSCEI ESG KRW Hedged Index 8.64% -4.26% -13.81% -3.19% - -
HSCEI ESG KRW-converted Daily Reset Index 8.70% -3.99% -13.51% -2.99% - -
HSCEI ESG NTR KRW Hedged 40 Points Decrement Index 7.99% -6.07% -16.59% -4.51% - -
Hang Seng ESG 50 Index 3.77% -2.80% -16.90% -6.07% 10.59 5.43%
Hang Seng SCHK China Central SOEs ESG Leaders Index 7.31% -2.32% -13.56% -0.01% 9.43 5.58%
Hang Seng Climate Change 1.5°C Target Index 6.64% -5.39% -18.64% -4.73% 9.98 4.15%
Hang Seng Stock Connect China A Low Carbon Select Index 9.39% -0.43% -14.79% 1.47% 12.96 2.76%
Hang Seng Shanghai-Shenzhen-Hong Kong Clean Energy Index 9.19% 0.53% -34.00% -2.13% 16.38 1.67%
Hang Seng Shanghai-Shenzhen-Hong Kong Autonomous and Electric Vehicles Index 19.29% -5.77% -20.22% -5.55% 15.86 1.13%
Hang Seng Stock Connect Hydrogen Energy Index 10.27% 3.03% -14.88% 2.03% 15.83 3.19%
Hang Seng SCHK China Central SOEs ESG 40 Index 6.10% 0.95% -1.37% 1.50% 6.52 6.78%
Hang Seng SCHK China Central State-owned Enterprises ESG Enhanced Index 5.43% -3.85% -19.33% -2.41% 6.22 6.93%
Hang Seng SCHK China Central State-owned Enterprises ESG Index 6.75% -1.46% -9.21% 0.64% 6.26 6.79%
Hang Seng SCHK SOEs High Dividend Yield ESG Index 5.92% 5.65% -1.04% 2.69% 5.19 8.17%
Hang Seng Stock Connect China A 300 ESG Index 8.95% 1.92% -11.45% 3.11% 11.74 3.05%
Hang Seng Stock Connect China A 300 ESG Enhanced Index 9.67% -1.37% -17.29% 0.79% 12.61 2.92%
Hang Seng Stock Connect China A ESG Leaders Index 7.90% -0.39% -20.86% 2.83% 11.79 3.40%
Hang Seng Stock Connect China A ESG 50 Index 8.45% 2.22% -6.00% 3.68% 12.20 3.45%
Sector Indexes
Hang Seng Consumption Index 11.80% -1.68% -25.15% -1.74% 18.03 2.62%
Hang Seng Healthcare Index 12.35% -20.44% -33.31% -14.65% -2,406.00 1.24%
Hang Seng Internet & Information Technology Index 9.61% -13.49% -26.14% -8.65% 3,461.49 1.60%
Hang Seng REIT Index -0.29% -6.88% -37.51% -12.23% 21.51 9.55%
Hang Seng Hong Kong-Listed Biotech Index 12.36% -20.98% -32.34% -14.85% 117.22 1.35%
Hang Seng Property Service and Management Index 11.31% -11.87% -45.03% -8.11% 12.24 4.77%
Hang Seng New Consumption Index 14.12% -5.21% -20.49% -4.24% 33.20 1.87%
Hang Seng Shipping Index 4.01% 8.01% -5.52% 0.47% 2.26 24.07%
Hang Seng Automobile Index 19.64% -10.25% -5.74% -7.49% 20.91 2.53%
Hang Seng Property Development and Management Index 5.82% -14.33% -41.95% -12.72% 38.49 7.68%
Hang Seng Innovative Drug Index 12.90% -23.66% -33.60% -16.90% -24.86 1.00%
Hang Seng Defensive Industries Index 7.52% -9.21% -18.48% -6.65% 21.55 2.88%
Hang Seng Artificial Intelligence Theme Index 11.99% -9.35% -12.39% -5.99% 41.59 1.91%
Hang Seng Media Index 12.02% -12.70% -19.31% -7.29% -17.56 0.77%
Hang Seng Hong Kong-Listed Banks Index 5.83% 6.84% -6.09% 3.75% 4.34 7.57%
Hang Seng Information Technology Index 10.05% -13.15% -18.79% -9.91% 60.53 1.65%
Hang Seng Information Technology (Investable) Index 10.11% -13.19% -18.55% -9.89% 61.90 1.64%
Hang Seng China A Defensive Industries Index 11.09% -0.95% -11.67% 0.75% 24.29 1.86%
Hang Seng China A Power Grid Equipment Index 12.42% 2.34% -7.51% 1.52% 17.09 1.78%
Hang Seng China A Energy Index 7.22% 15.67% 16.78% 14.81% 8.25 6.19%
Hang Seng China A Diversified Metals & Minerals Index 10.68% -1.06% -24.72% -2.39% 10.58 2.37%
Hang Seng Shanghai-Shenzhen-Hong Kong Shipping Index 6.05% 6.31% -5.94% 6.03% 4.27 12.14%
Hang Seng China A Automobiles Index 15.22% -6.70% -9.07% -0.83% 32.08 1.46%
Hang Seng China A Household Goods & Electronics Index 12.19% 5.08% -1.48% 7.14% 17.35 2.50%
Hang Seng China A Agricultural Products Index 7.77% -5.84% -21.75% -3.83% 41.54 1.88%
Hang Seng China A Pharmaceuticals & Biotechnology Index 12.16% -13.88% -21.76% -9.06% 23.36 1.38%
Hang Seng China A Healthcare Equipment & Services Index 12.29% -7.05% -25.77% -5.01% 17.80 1.16%
Hang Seng China A Utilities Index 4.22% 7.88% 2.68% 6.87% 24.89 2.01%
Hang Seng China A Other Financials Index 7.10% -2.30% -1.85% 1.14% 17.06 1.64%
Hang Seng China A Properties Index 6.30% -10.48% -32.25% -3.29% -33.50 2.63%
Hang Seng China A Construction Index 3.83% 3.01% -17.94% 5.43% 8.06 3.06%
Hang Seng China A IT Hardware Index 27.94% 7.91% 10.77% 7.31% 18.50 1.08%
Hang Seng China A Software & Services Index 20.77% -8.83% -20.30% -7.02% 113.28 0.63%
Hang Seng China A Other Metals & Minerals Index 13.02% -3.48% -34.11% -6.35% 8.83 2.09%
Hang Seng China A Specialty Chemicals Index 13.58% -5.59% -29.37% -3.01% 13.16 2.14%
Hang Seng China A Industrial Components & Equipment Index 16.79% -3.93% -21.32% -3.77% 20.20 1.38%

11
 Change
PE Ratio Dividend
Index Name 1-Month 3-Month 12-Month YTD (Times) Yield
Hang Seng China A Electronic Components Index 17.19% -8.61% -16.84% -9.22% 42.75 0.88%
Hang Seng China A New Energy Materials Index 11.93% -6.65% -45.84% -8.75% 11.32 2.28%
Hang Seng China A Aerospace & Defence Index 11.49% -8.64% -21.30% -8.53% 48.67 0.60%
Hang Seng China A Alcohols Index 11.68% -10.08% -32.19% -3.87% 26.51 2.15%
Hang Seng China A Pharmaceuticals Index 13.97% -11.58% -20.41% -7.82% 19.86 1.43%
Hang Seng China A Biotechnology Index 13.39% -19.62% -30.01% -13.94% 24.96 1.14%
Hang Seng China A Medical Devices Index 12.57% -4.06% -20.63% -3.92% 14.47 1.32%
Hang Seng China A Banks Index 4.35% 10.32% 4.44% 10.82% 5.19 5.37%
Hang Seng China A Software Index 18.87% -11.12% -24.76% -10.16% 107.33 0.78%
Hang Seng China A Semiconductors Index 19.83% -11.58% -14.42% -8.45% 47.65 0.31%
Hang Seng China A Energy Storage Units Index 10.65% -12.62% -41.97% -11.40% 17.04 1.28%
Hang Seng China A Charging Station Infrastructure Index 11.54% -6.19% -19.30% -7.30% 34.98 0.85%
Hang Seng China A Robotics Index 21.75% -12.16% -5.45% -10.22% 57.15 0.69%
Hang Seng Stock Connect China New Infrastructure Index 14.26% -4.51% -15.39% -2.72% 20.60 1.32%
Hang Seng Shanghai-Shenzhen-Hong Kong E-Commerce Index 11.75% -10.63% -18.86% -8.07% 64.23 1.29%
Hang Seng Shanghai-Shenzhen-Hong Kong NextGen Communications Index 12.66% -2.37% -2.36% -3.21% 15.32 2.40%
Hang Seng Shanghai-Shenzhen-Hong Kong Generation Z Index 12.11% -6.86% -19.34% -3.79% 40.90 1.48%
Hang Seng Shanghai-Shenzhen-Hong Kong Technology Select 50 Index 22.31% -12.14% -27.61% -9.27% 33.53 0.42%
Hang Seng Shanghai-Shenzhen-Hong Kong New Consumption Index 12.94% -2.87% -18.70% 0.07% 37.49 2.04%
Hang Seng China Metaverse Index 13.79% -11.41% -8.41% -7.61% 122.65 1.06%
Hang Seng Stock Connect Biotech 50 Index 11.94% -16.66% -26.21% -10.69% 29.03 1.16%
Hang Seng Shanghai-Shenzhen-Hong Kong Innovative Drug Select 50 Index 12.24% -20.51% -28.89% -12.55% 29.32 0.99%
Hang Seng Shanghai-Shenzhen-Hong Kong Genomics and Oncology Index 13.46% -16.54% -23.11% -11.49% 31.27 1.56%

Data source for all charts and tables: Hang Seng Indexes
All information as at 29 Feb 2024

12
Disclaimer
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and reliability of the information contained herein to the best of its endeavours. However, HSIL makes no warranty or
representation as to the accuracy, completeness or reliability of any of the information contained herein and accepts no
liability (whether in tort or contract or otherwise) whatsoever to any person for any damage or loss of any nature arising from
or as a result of reliance on any of the contents of this document, or any errors or omissions in its contents and such contents
may change from time to time without notice.

HSI Volatility Index and HSCEI Volatility Index (the "Volatility Indexes") are published by HSIL, which has contracted with
S&P Opco, LLC ("S&P") to maintain and calculate the Volatility Indexes. "Standard & Poor's" and "S&P" are trademarks of
S&P and have been licensed for use by HSIL. "VIX®" is a trademark of Cboe Global Markets, Inc ("CBOE") and S&P has
granted a license to HSIL, with permission from CBOE, to use such mark for purposes relating to the Volatility Indexes. The
Volatility Indexes are not owned, sponsored, endorsed or promoted by S&P or CBOE and neither S&P nor CBOE makes any
representation regarding the advisability of investing in products that are based on such Volatility Indexes or otherwise relying
on such Volatility Indexes for any purpose and neither S&P, CBOE nor HSIL shall have any liability for any errors or
omissions in the Volatility Indexes or any values thereof.

Hang Seng China A Power Grid Equipment Index, Hang Seng Shanghai-Shenzhen-Hong Kong Generation Z Index, Hang
Seng Shanghai-Shenzhen-Hong Kong Clean Energy Index, Hang Seng Shanghai-Shenzhen-Hong Kong Autonomous and
Electric Vehicles Index, Hang Seng Shanghai-Shenzhen-Hong Kong NextGen Communications Index, Hang Seng Shanghai-
Shenzhen-Hong Kong E-Commerce Index, Hang Seng China A Charging Station Infrastructure Index and Hang Seng China
A Robotics Index (the "Indexes") are published by HSIL. HSIL has contracted with FactSet ("FactSet") to use the FactSet
Revere Business Industry Classification System ("RBICS") data which forms part of the data included to maintain and
calculate the Indexes. "FactSet" and "RBICS" are trademarks of FactSet and have been licensed for use by HSIL. The
Indexes are not owned, sponsored, endorsed or promoted by FactSet and FactSet does not make any representation
regarding the advisability of investing in products that are based on such Indexes or otherwise relying on such Indexes for
any purpose and neither FactSet nor HSIL shall have any liability for any errors or omissions in the Indexes or any values
thereof.

HSI ESG Enhanced Index and HSCEI ESG Enhanced Index (the "Enhanced Indexes") are published by HSIL. HSIL has
contracted with Arabesque, ISS and Sustainalytics respectively to use the data from Arabesque S-Ray®, ISS ESG and
Sustainalytics which forms part of the data included to maintain and calculate the Enhanced Indexes. Arabesque S-Ray®,
ISS ESG and Sustainalytics are trademarks of Arabesque, ISS and Sustainalytics respectively and have been licensed for
use by HSIL. The Enhanced Indexes are not owned, sponsored, endorsed or promoted by Arabesque, ISS or Sustainalytics
and they do not make any representation regarding the advisability of investing in products that are based on the Enhanced
Indexes or otherwise relying on the Enhanced Indexes for any purpose and neither Arabesque, ISS, Sustainalytics nor HSIL
shall have any liability for any errors or omissions in the Enhanced Indexes or any values thereof.

HSI ESG Enhanced Select Index (the "Enhanced Select Index") is published by HSIL. HSIL has contracted with
Sustainalytics to use the data from Sustainalytics which forms part of the data included to maintain and calculate the
Enhanced Select Index. Sustainalytics is the trademark of Sustainalytics and has been licensed for use by HSIL. The
Enhanced Select Index is not owned, sponsored, endorsed or promoted by Sustainalytics and Sustainalytics does not make
any representation regarding the advisability of investing in products that are based on the Enhanced Select Index or
otherwise relying on the Enhanced Select Index for any purpose and neither Sustainalytics nor HSIL shall have any liability
for any errors or omissions in the Enhanced Select Index or any values thereof.

HSI Low Carbon Index (the "Low Carbon Index") is published by HSIL. HSIL has contracted with ISS to use the data from
ISS which forms part of the data included to maintain and calculate the Low Carbon Index. ISS ESG is the trademark of ISS
and has been licensed for use by HSIL. The Low Carbon Index is not owned, sponsored, endorsed or promoted by ISS and
ISS does not make any representation regarding the advisability of investing in products that are based on the Low Carbon
Index or otherwise relying on the Low Carbon Index for any purpose and neither ISS nor HSIL shall have any liability for any
errors or omissions in the Low Carbon Index or any values thereof.

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Hang Seng Climate Change 1.5oC Target Index (the "Index") is published by HSIL. HSIL has jointly-developed the Index
with Wilshire Opco UK Limited ("Wilshire"). HSIL has contracted with Arabesque S-Ray GmbH, UK Branch ("Arabesque"),
ISS ESG, and Sustainalytics Australia Pty. Ltd ("Sustainalytics") to use the data from Arabesque, ISS ESG, and
Sustainalytics which forms part of the data included to maintain and calculate the Index. Wilshire has contracted with ISS
ESG to use the data from ISS ESG which forms part of the data included to maintain and calculate the Index. Arabesque,
ISS ESG and Sustainalytics are trademarks of Arabesque, ISS ESG and Sustainalytics respectively and have been licensed
for use by HSIL or Wilshire as aforesaid mentioned. The Index is not owned, sponsored, endorsed or promoted by
Arabesque, ISS ESG and Sustainalytics and they do not make any representation regarding the advisability of investing in
products that are based on such Index or otherwise relying on such Index for any purpose and neither Arabesque, ISS ESG,
Sustainalytics, Wilshire nor HSIL shall have any liability for any errors or omissions in the Index or any values thereof.

All information contained herein does not constitute any express or implied advice or recommendation by HSIL for any
investments. Investment involves risks. Prospective investors should seek independent investment advice to ensure that
any of their decisions is made with regard to their own investment objectives, financial circumstances and other particular
needs. Prospective investors should also note that value of securities and investments can go down as well as up and past
performance is not necessarily indicative of future performance.

© Hang Seng Indexes Company Limited 2024. All rights reserved.

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