Hang Seng Indexes Company and Korea Exchange Launch the First Co-branded HK-Korea Cross-Market Index Series to Deepen Capital Market Connectivity [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
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Source: Yahoo! Finance
jointly announced the launch of the Hang Seng KRX HK-Korea Index Series , marking the first co-branded cross-market index collaboration between the two organisations and a significant step in deepening capital market connectivity between Hong Kong and Korea. By bringing together iconic benchmarks from both markets, the new series provides investors with diversified exposure to companies listed in two of Asia's leading financial markets. The launch builds on strong equity market performance and robust investor appetite in both Hong Kong and Korea last year. It also supports the expanded Stock Connect programme between Hong Kong and Chinese Mainland equity markets, enabling issuers to introduce financial products that facilitate two-way capital flows across both markets. The inaugural series comprises four cross-market indexes: Hang Seng KRX HK-Korea LargeCap Index Combines the Stock Connect version of the flagship Hang Seng Index—HSI SCHK Index ('HSISC'), with the widely recogn
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