The suspension of the Ant Group’s IPO, which would have been the world’s largest, has pivoted investors’ attention to China’s new economy. In Hong Kong’s stock market, the China new economy is not new. In January 2018, the Hang Seng SCHK New Economy Index (HSSCNE) was launched on the Hong Kong Stock Exchange. This was followed by the Hang Seng China New Economy Index (HSCNE) in September 2018.

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