Index tracks HK, Shenzhen big caps

The Hang Seng Indexes Company has launched Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) 300 Index.

It tracks the performance of the largest 300 Hong Kong and mainland listed companies by market capitalization, operating in China, Hong Kong and Macau.

Constituents must have at least HK$20 million transaction volume in the past six months.

Constituents include Alibaba (1918), Xiaomi (1810), and Tencent (0700).

The new index is calculated and disseminated in real-time at two-second intervals.