Introduced in 2003, S&P/HKEx LargeCap is a 25-stock index representing the large cap universe for Hong Kong. Constituents' weights are capped at 15% on a quarterly basis. This index can be used as the basis for index products and trading tools such as mutual funds, Exchange-Traded Funds (ETFs) and other index derivatives.
Index constituents exhibit the following characteristics:
Public Float – Adjusted for available shares
Index Governance and Policy
This index is maintained by the S&P Index Committee, comprised of five members representing both Hong Kong exchanges and Clearing Limited (HKEx) and Standard & Poor's. Committee oversight gives investors the benefit of Standard & Poor's depth of experience, research and analytic capabilities, combined with HKEx's intimate local industry knowledge. It follows a set of published guidelines and policies that provide the transparent methodologies used to maintain the index.