The Hang Seng Indexes Company Has Launched the Metaverse Index
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The new index was launched by Hang Seng Company Limited, a wholly-owned subsidiary of Hang Seng Bank.
Launch of the Metaverse Index
Investor interest in the metaverse topic is at an all-time high, prompting the decision to develop the index. Investors aren't the only ones who are interested in metaverse ventures. The metaverse concept is attracting a lot of interest from people worldwide who want to try it out. Virtual reality (VR), gaming, digital experiences, and advanced technologies in virtual worlds are propelling blockchain enterprises forward. The Hang Seng China Metaverse Index, which follows this trend, will track the performance of Chinese enterprises engaged in metaverse operations.
Hang Seng Indexes Company's Director Daniel Wong said, "New megatrends are having an ever-increasing impact on our everyday lives. Our two new megatrend indexes are intended to assist investors in capturing possible possibilities emanating from the mainland Chinese and Hong Kong stock markets' innovative and revolutionary tendencies."
The two indexes cover Hong Kong, Shanghai, and Shenzhen stocks. They are calculated and then transmitted in two-second intervals in real-time.