Hang Seng unveils HK, China sustainability indexes

Hang Seng Indexes, the company behind the main Hong Kong stock index, has unveiled sustainability indexes for Hong Kong and mainland China companies.

 

The Hong Kong corporate sustainability index (CSI) [1], with 30 constituents, is dominated by Chinese state-owned companies and Hong Kong banks and property developers. 

 

The biggest weighting goes to mainland cellco China Mobile, with 10.29%, followed by China Construction Bank (9.76%), and HSBC (9.66%).

 

Australian corporate analysts Reputex [2], which compiled the indexes, said the constituents were the highest-rated companies in the sustainability assessment from the top 150 companies by market value in the Hang Seng. 

It also compiled mainland A and cross-market indexes for Hang Seng.

 

Hang Seng Indexes director Vincent Kwan said they provided “highly visible benchmarks that can be used by the investment community to promote and develop socially responsible investment products.”

 

China Mobile (10.29%)

China Construction Bank (9.76%)

HSBC (9.66%)

China Life (8.48)

Bank of China (7.52%)

PetroCchina (5.97%)

Sun Hung Kai Properties (5.46%)

Cheung Kong (4.17%)

HKEx (4.05%)

Hutchison Whampoa (3.37%)