22 June 2020

Hang Seng Indexes Launches Hang Seng Stock Connect China 500 Index and Hang Seng Stock Connect China A 300 Index

Hang Seng Indexes Company Limited (‘Hang Seng Indexes’) today launched the Hang Seng Stock Connect China 500 Index and the Hang Seng Stock Connect China A 300 Index.

The Hang Seng Stock Connect China 500 Index measures the overall performance of the 500 largest Chinese companies that are listed in Hong Kong or mainland China, with the aim of capturing a comprehensive picture of listed Chinese companies.

The Hang Seng Stock Connect China A 300 Index tracks the performance of the 300 largest A-shares. This is distinct from other similar onshore A-share indexes as a foreign ownership limit has been factored into the index design to facilitate offshore investors.

Constituents of both indexes must be eligible for trading under the Stock Connect schemes.

As of the end of May 2020, the Hang Seng Stock Connect China 500 Index and the Hang Seng Stock Connect China A 300 Index covered over 80% and 75% of the market capitalisation of their respective universes. These two new benchmarks provide references for investors who are interested in broad market coverage portfolios that are replicable using the Stock Connect schemes.

The new indexes are calculated and disseminated in real-time at two-second intervals. More details about the new indexes are provided in the appendices that accompany this release.

About Hang Seng Indexes Company Limited The Hang Seng Family of Indexes is managed and compiled by Hang Seng Indexes Company Limited (formerly HSI Services Limited), which is a wholly-owned subsidiary of Hang Seng Bank. The Hang Seng Family of Indexes comprises a wide range of indexes that cover stocks/bonds listed in Hong Kong/mainland China markets. For further information on the Hang Seng Family of Indexes, please visit the company's website at www.hsi.com.hk.

# End # Appendix 1

Hang Seng Stock Connect China 500 Index

 Mainland securities that are eligible for Southbound trading under the Stock Connect Scheme, and Universe  A-shares that are eligible for Northbound trading under the Stock Connect Scheme

Eligibility Criteria  Average daily turnover in the past six months must be at least HKD 20 million for Hong Kong-listed securities, and at least CNY 20 million for A-shares Selection Criteria Constituent Selection  Top 500 eligible companies in terms of 12-month-average company Market Value will be selected as constituents

Number of Constituents Fixed at 500 companies

Launch Date 22 June 2020

Base Date 31 December 2014

Base Value 3,000

Review Frequency Half-yearly

Weighting  Freefloat-adjusted, market-capitalisation weighted Methodology  10% cap on individual companies

Currency#

Dissemination Real-time at two-second intervals

Price Index HSC500 (Bloomberg) .HSC500 (Refinitiv) Vendor code Gross Total Return Index .HSC500T (Refinitiv)

# Day-end closing index values in USD, CNY and HKD are available Note: Please refer to the index methodology for details Appendix 2

Hang Seng Stock Connect China 500 Index

Top 10 constituent company weightings as at 19 June 2020

Code Weightings (%) HK Company Name HK A Shares A Shares Shares Shares - 700 Holdings Ltd. - 10.18

601318 2318 (Group) Co. of China, Ltd. 2.64 1.68

600519 - Co., Ltd. 2.82 -

601939 939 Corporation 0.16 2.41

- 3690 Meituan Dianping - 2.34

600036 3968 Co., Ltd. 1.77 0.50

601398 1398 Industrial and Commercial Ltd. 0.44 1.36

600276 - Co., Ltd. 1.25 -

- 941 Ltd. - 1.19

000333 - Co., Ltd. 1.14 - Appendix 3

Hang Seng Stock Connect China A 300 Index

A-shares that are eligible for Northbound trading under the Stock Universe Connect Scheme

Eligibility Criteria  Average daily turnover in the past six months must be at least CNY 20 million  Total foreign investor shareholding must be less than 26% Selection Criteria Constituent Selection  Top 300 eligible securities in terms of 12-month-average Market Value will be selected as constituents

Number of Constituents Fixed at 300

Launch Date 22 June 2020

Base Date 31 December 2014

Base Value 3,000

Review Frequency Half-yearly

Weighting  Freefloat-adjusted, market-capitalisation weighted Methodology  10% cap on individual securities

Currency# Renminbi

Dissemination Real-time at two-second intervals

Price Index HSCA300 (Bloomberg) .HSCA300 (Refinitiv) Vendor code Gross Total Return Index .HSCA300T (Refinitiv)

# Day-end closing index values in USD, CNY and HKD are available Note: Please refer to the index methodology for details Appendix 4

Hang Seng Stock Connect China A 300 Index

Top 10 constituent weightings as at 19 June 2020

Code Name Weightings (%)

600519 Kweichow Moutai Co.,Ltd. 5.12

601318 Ping An Insurance (Group) Company of China, Ltd. 4.78

600036 China Merchants Bank Co., Ltd. 3.21

600276 Jiangsu Hengrui Medicine Co.,Ltd. 2.27

000858 Co.,Ltd 2.05

000651 Appliances,Inc. of Zhuhai 2.00

000001 Ping An Bank Co., Ltd. 1.76

601166 Co.,Ltd. 1.74

600016 China Minsheng Banking Corp., Ltd. 1.35

002475 Luxshare Precision Industry Co., Ltd. 1.35