The Elusive Tech Index: Hong Kong's Attempt to Keep Up with Innovation The Hang Seng Indexes Company has proposed adding 20 new stocks to the Hang Seng Tech Index (HSTECH), a move that reflects the rapidly evolving tech landscape in Hong Kong.
For too long, traditional market capitalization frameworks have been criticized for failing to capture the growth potential of smaller companies.
To address this issue, the HSTECH will now prioritize revenue growth alongside market capitalization when selecting constituents.