SGX investors can now buy call and put warrants on the Hang Seng Tech (HSTECH) Index, with the structured warrants trading on SGX for the first time on Feb 22. Issued by Macquarie Warrants, investors can enjoy broad exposure to Chinese technology counters with lower investment capital on the SGX.

The HSTECH Index tracks the 31 largest technology companies listed in Hong Kong. These include Chinese tech giants Alibaba, Tencent, Meituan and Xiaomi. Together, these have a combined weight of more than 30% and contribute to 18% of the Hang Seng Index’s (HSI) daily turnover. 

HSTECH represents the latest addition to Macquarie Warrant’s suite of warrants over foreign indices. It already issues warrants for major indices such as the S&P500, Nikkei 225, and the HSI. 

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