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New Hang Seng index launched

HONG KONG: Hang Seng Indexes Co. on Monday launched the Hang Seng SCHK China Central State-owned Enterprises (SOEs) Index, which rides on the trend of SOEs' improved efficiency and competitiveness.

The index aims to reflect the performance of stocks listed in Hong Kong with Chinese central SOEs of the State-owned Assets Supervision and Administration Commission of the State Council as the largest shareholder, and are eligible for trading via the southbound trading link of the Stock Connect scheme.