Info Hong Kong Index

The Standard Ethics Hong Kong Index was launched on 11th of July 2020, with the initial value of 10,000.

Purpose

The purpose of the Standard Ethics Hong Kong Index is to provide an overview of the level of Sustainability being progressively achieved by Hong Kong companies and measure, over time, the stock market's confidence concerning their alignment to OECD and UN voluntary indications.  Each Standard Ethics Index is an Open Free Sustainability Index and offers full disclosure: the methodology, selection criteria, and calculation formula are public and can therefore be used for free as a benchmark by decision makers and stakeholders. It is neither a financial product nor is it marketed to finance firms, banks, or investment funds.

Constituents

The constituents of the SE Hong Kong Index are 50 of the country's largest listed companies, The companies were selected according to their size, in terms of market capitalization, as well as the amount of their free float. 

The weights of the individual constituents will be derived from the solicited or unsolicited Corporate Standard Ethics Rating (SER) assigned to each company.

Rebalancing and Review

The Index, being weighted according to a Corporate SER, is active and therefore rebalanced monthly.

The Index is reviewed every six months, at the end of the first and third quarter.

Changes to ratings will be recorded only on the dates when the review is scheduled to take place.