New ESG benchmarks, GBA Index expanded

Hang Seng Indexes on Tuesday launched two new indices tracking the environmental, social and corporate governance performance of listed companies, along with a third index that tracks innovative companies in the Greater Bay Area, reports the SCMP.

CEO Vincent Kwan said that the company has not ruled out combining the environmental, social and corporate governance indices and Greater Bay Area into a new index if there is a demand from the market.

“We found that ESG and Greater Bay Area are concepts that have seen the strongest investor interest this year,” he said.

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