Sunday, June 26, 2022
Martin Hennecke

Metaverse index among new two
<p>Hang Seng Indexes Company has launched the Hang Seng China Metaverse Index and the Hang Seng Shanghai-Shenzhen-Hong Kong Genomics and Oncology Index, which cover stocks listed in Shanghai, Shenzhen, and Hong Kong.</p><p>The China metaverse index aims to reflect the performance of mainland China companies that are involved in metaverse-related business, value chains, and development, the company said in a statement yesterday.</p><p>Developments as part of the metaverse concept, which includes virtual reality, gaming, and other digital experiences that use advanced technology in virtual spaces, have captured the attention of people around the world and are rapidly growing in popularity as investment themes among investors, the HSI Company said.</p><p>And the genomics and oncology index is to track the performance of companies that are involved in the research and development of genomics or oncology-related products and services, it stated.</p><p>&quot;New megatrends are having an increasingly significant impact on our daily lives. Our two new megatrend indexes are designed to help investors capture potential opportunities arising from these innovative and transformative trends in the mainland China and Hong Kong stock markets,&quot; said Daniel Wong, director &amp; chief index officer in the statement.</p>
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