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HSI Celebrates 55th Anniversary; AUM in Products Passively Tracking HSI Family of Indexes Whops US$78.5B
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Hang Seng Indexes Company said that its flagship Hang Seng Index has reached its 55th anniversary and has been enduring significance to the development of the Hong Kong stock market. As of end of October 2024, assets under management (AUM) in products passively tracking the Hang Seng Family of Indexes have reached a total of USD78.5 billion, with HSI alone accounting for approximately USD25 billion of this total. There are 15 Exchange Traded Products (ETPs) globally were linked to the Hang Seng Index to date. Diana Cesar, Executive Director and Chief Executive of HANG SENG BANK (00011.HK), said that the HSI began as an internal reference and has now transformed into a global legacy. Today, they are proud to see their presence across 36 markets, further supporting Hong Kong’s role as a super connector between mainland China and the rest of the world. AAStocks Financial News |
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