Hang Seng Investment Management Limited’s TECH Index ETF Launch

Clifford Chance has advised Hang Seng Investment Management Limited on the launch of the Hang Seng TECH Index ETF.

The Hang Seng TECH Index ETF tracks the performance of Hang Seng Indexes Company Limited’s third flagship index, which captures the performance of the 30 largest technology-related companies (in terms of market cap) listed in Hong Kong.

The ETF will provide investors access to the growth potential of the technology sector through a range of diversified and representative technology related stocks and technology-themed investment options.

Clifford Chance advised on the establishment of the ETF, preparation of the offering documents, assisted with the authorisation process with the Securities and Futures Commission and the listing process with the Hong Kong Stock Exchange.

Partners Mark Shipman (Picture) and Rocky Mui led the deal with support from Susie Wang, Matthew Wan, Cecilia Chung and Belle Lam.

Involved fees earner: Cecilia Chung – Clifford Chance; Belle Lam – Clifford Chance; Rocky Mui – Clifford Chance; Mark Shipman – Clifford Chance; Matthew Wan – Clifford Chance; Susie Wang – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Hang Seng Investment Management Limited;

Author: Michael Patrini