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Asset Management / Wealth Management
Indexes for sustainability & megatrends
HSIL provides tailored solutions to meet clients' diverse objectives
Sponsored Section 21 Sep 2023
Anita Mo, Chief Executive Officer, Hang Seng Indexes Company 恒生指数公司行政总裁 巫婉雯
Anita Mo, Chief Executive Officer, Hang Seng Indexes Company 恒生指数公司行政总裁 巫婉雯

HANG SENG Indexes Company Limited (HSIL) has been a pioneer in developing a broad array of innovative indexes for the Hong Kong and mainland China markets. At The Asset Triple A Private Capital Awards 2023, the company won as the Best Index Provider, Thematic, Hong Kong, and the Editors' Triple Star award for its Hang Seng Stock Connect China A Low Carbon Select Index. In this question-and-answer session, HSIL Chief Executive Officer Anita Mo shares how the company is leveraging its vast experience and capabilities as well as the latest technology to meet clients' diverse objectives.

Please give us an overview of the unique strengths and capabilities of HSIL in ESG and sustainability indexing.

HSIL introduced the Hang Seng Corporate Sustainability Index Series in 2010. We have launched 21 ESG-related indexes so far, adopting a number of ESG investment strategies, including best-in-class, ESG factor integration, sustainable development themes, negative screening, etc., to meet the needs of different investors.

All our ESG indexes are based on world-class, high­ quality datasets provided by leading data providers, covering ESG ratings, climate metrics, product involvement, and adherence to the United Nations Global Compact principles. We also provide innovative and forward-looking solutions by leveraging next­ generation technology to identify potential industry leaders through our thematic indexes. Our customized solutions, powered by our experienced index operation, research and ESG teams, offer a unique advantage to our clients navigating the complex and ever-changing ESG market.

Our ESG indexes have been well recognized by market participants. There are seven ESG-related investment products, including five ETFs, with assets under management of around HK$7 billion (US$892 million) as of end-Ql 2023. About half of the listed products of ESG funds authorized by the Securities and Futures Commission are tracking our ESG indexes. Also, two trustees are launching Mandatory Provident Fund (MPF) products that will track the performance of the HSI ESG Enhanced Index, in the second half of 2023.

Our dedication to excellence and innovation enables us to deliver tailored solutions that meet the evolving needs of our clients and support their sustainability initiatives and enhance their portfolio returns in a sustainable manner.

What are some of the leading ESG indexes that HSIL offers its clients who are transitioning to sustainability investing?

To cite an example, we launched the Hang Seng Stock Connect China A Low Carbon Select Index, which enables investors to decarbonize their portfolios and address long-term climate risks.

The index constituents are screened based on compliance with the United Nations Global Compact Principles, and involvement in controversial weapons, tobacco, or thermal coal. The remaining constituents with relatively lower carbon emission intensity will have higher tilt factor and hence weighting, and vice versa.

Our customized solutions, powered by our experienced index operation, research and ESG teams, offer a unique advantage to our clients navigating the complex and ever-changing ESG market

As of end-June 2023, the Hang Seng Stock Connect China A Low Carbon Select Index has delivered a 45% reduction in the weighted average carbon intensity relative to the base index. The index is tracked by the first low-carbon-themed A-share ETF in Hong Kong, demonstrating HSIL's leading role in formulating all­ around ESG solutions for investors to diversify their portfolio strategies.

HSIL also offers other low-carbon indexes (e.g., the Hang Seng Climate Change 1.5°C Target Index and the HSI Low Carbon Index) to cater for different market needs and climate objectives.

What are some of the major thematic indexes that HSIL has launched in the past 12-18 months?

HSIL launched the Hang Seng China A Power Grid Equipment Index in 2022, which reflects the performance of largest 100 companies listed in mainland China that are involved in power grid equipment.

One of the index's distinctive features is its accessibility to a precise classification system based on the constituent companies' operating footprints. With such an industry classification that goes into granular details, HSIL enables investors to capture niche and innovative investment opportunities arising from the power grid equipment industry.

We have also launched the Hang Seng Megatrend Index series, which is a suite of equity indexes to help investors capture opportunities arising from innovative and transformative trends. Over the past three years, we have designed and successfully launched indexes focusing on innovative and disruptive themes, such as e-commerce, NextGen communications, Generation Z, metaverse, and genomics & oncology.

How do you help clients by building new thematic indexes that fit their requirements?

ln developing our indexes, we have combined meticulous classification with strategic weighting. We also utilize next-generation technology, such as the Natural Language Processing (NLP) algorithm technology, enabling us to extract useful information from massive amounts of information in a listed company's public disclosures, so as to further classify this company by thematic relevancy. Such Al-assisted technology greatly expands our capabilities, facilitates the discovery of new themes, and enhances our analyses.

Looking forward, HSIL will keep abreast of the latest market developments, with the latest technology as well as its deep industry expertise and experience, to help clients capture monumental opportunities by launching innovative index suites and services that meet their evolving needs.

For more information, please contact

Hang Seng Indexes Company Limited
Address: 83 Des Voeux Road, Central, Hong Kong
Tel: (852) 2877 0704
Email: info@hsi.com.hk Website: www.hsi.com.hk

可持续发展和大趋势指数

恒生指数公司为客户提供定制的解决方案以实现其多元化配置目标

作为中国香港和内地市场发行多样创新指数的先行者,恒生指数公司(恒指公司)荣膺《财资》2023年度3A私募资本大奖最佳主题指数供应商(香港),并凭借恒生A股通低碳精选指数荣获编辑评审团三星奖。恒指公司行政总裁巫婉雯通过以下专访分享了公司如何凭借丰富的经验和能力以及善用创新科技来协助客户实现多元化配置的目标。

请概述恒指公司在编制ESG和可持续发展指数方面的独特优势和能力。

自2010年推出恒生可持续发展企业指数系列以来, 恒指公司已推出了21项与ESG相关指数,采用同类最佳、ESG因子整合、可持续发展主题、负面筛选等多种ESG投资策略,以满足各类投资者的需求。

我们所有的ESG指数均基于由领先数据提供商提供的顶尖及高质量数据, 包括ESG评级、气候指标、争议性业务参与度以及对《联合国全球契约》原则的遵守情况。我们亦利用新一代技术,通过主题指数识别潜在的行业领导者,进而提供富前瞻性的创新解决方案。

我们的定制解决方案,经指数运营、研究和 ESG资深团队精心打造,为客户应对复杂多变的 ESG市场提供了独特的优势。

我们的ESG指数得到了市场的高度认可。截至2023年第一季度,七种与ESG相关投资产品( 包括五支ETF) 管理的资产规模约为70 亿港元(8.92亿美元)。证券及期货事务监察委员会认可的ESG基金上市产品中,大约一半正在跟踪我们的ESG指数。此外,还有两家信托机构将于 2023年下半年推出跟踪恒指ESG增强指数表现的强制性公积金(强积金)产品。

我们致力于卓越和创新,这使我们能够提供定制解决方案,满足客户不断变化的需求,支持其可持续发展举措,并以可持续的方式提高其投资组合回报。

恒指公司为向可持续投资型的客户提供的ESG指数主要有哪些?

举例而言,我们推出了恒生A股通低碳精选指数,使投资者能够减少其投资组合的碳排放并应对长期气候风险。

该指数成份股按《联合国全球契约》原则和是否涉及具争议的武器、烟草或燃料煤而进行筛选,然后对余下的成份股中碳排放强度较低的公司将获调高权重 ,反之亦然。

我们的定制解决方案,经指数运营、研究和 ESG资深团队精心打造,为客户应对复杂多变的 ESG市场提供了独特的优势。

截至2023年6月底,恒生A股通低碳精选指数的加权平均碳强度较基准指数减少了45%。

香港首只低碳主题A股ETF追踪该指数,显示了恒指公司在为投资者制定全方位ESG解决方案以实现其多元化投资策略方面的领先地位。

恒指公司亦提供其他低碳指数(如恒生气候变化1.5°C目标指数和恒指低碳指数),以满足不同的市场需求和气候目标。

在过去12-18个月中,恒指公司推出了哪些主要的主题指数?

恒指公司于2022年推出恒生A股电网设备指数, 该指数反映了市值最大的100家与电网设备相关的中国内地上市公司的表现。

该指数的一个显著特点是根据成分股公司的主营业务建立精确的分类。通过更细分的行业分类系统,助投资者抓住电网设备行业中的创新投资机会。

我们还推出了恒生大趋势指数系列,旨在帮助投资者抓紧新兴创新和变革趋势所带来的机遇。在过去的三年里,我们设计并成功推出了一系列针对创新和颠覆性主题的指数,涉及电商、新世代通讯、Z世代、元宇宙,以及基因及肿瘤学。

如何为客户编制最合符其需求的新主题指数

在研发新指数时,我们将精细分类与策略性调整权重相结合。此外,通过利用自然语言处理「NLP」技术,我们能够从上市公司公开披露的海量数据中提取有用信息,以便按照主题相关性进一步对公司进行分类。这种人工智能辅助技术极大地扩展了我们的能力及灵活性,有利于我们识别新的主题,并且强化了我们的分析水平。

展望未来,恒指公司将紧贴市场的最新发展动态,利用最新技术以及我们深厚的行业专业知识和经验,推出创新指数系列产品和服务以满足客户不断变化的需求,帮助客户把握大机遇。

更多详情,请联系

恒生指数有限公司
地址: 香港德辅道中83号  电话:(852) 2877 0704
电邮: info@hsi.com.hk  网站: www.hsi.com.hk

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