HKEX Virtual Asset Index Series

All Indices

Hang Seng HKEX Stock Connect China Enterprises Index

HKEX Bitcoin Index Series HKEX Ether Index Series

Indexing represents an exciting new adjacency for HKEX to explore outside of its core business, with the aim of enhancing its one-stop-shop offering to clients.

Indices provide a transparent and systematic benchmark for the performance of a range of assets, and help participants make more informed trend-aligned investment decisions. By launching proprietary indices, we are supporting the development of the broader investment ecosystem, facilitating the global shift into passive strategies and reinforcing Hong Kong’s role as an international financial hub.

The HKEX Virtual Asset Index Series

HKEX is bringing the first EU Benchmarks Regulation (BMR)-compliant virtual asset index series developed in Hong Kong to market.

HKEX Bitcoin Index Series
HKEX Ether Index Series

Virtual Asset Indices

Virtual asset indices reflect a new, emerging asset class which has grown from a market capitalisation of US$500 billion in 2013 to over US$2 trillion as of May 2024, according to CoinMarketCap.

Virtual assets, given their decentralised nature, are often traded at different prices across exchanges, creating price discrepancies within the virtual asset ecosystem.

The development of virtual asset indices provides a single reference price, enabling investors to make informed investment decisions in the fast-emerging virtual asset space.

About the Index Series

The HKEX Virtual Asset Index Series provides investors with transparent and reliable benchmarks for Bitcoin and Ether pricing in the Asian time zone, providing investors with a single reference price for these virtual assets and supporting Hong Kong’s development as Asia’s leading digital assets hub.

The Index Series will consist of the Reference Index for Bitcoin and Ether, respectively, as well as the Reference Rate for Bitcoin and Ether.

The Reference Index is a 24-hour volume weighted reference spot price of Bitcoin or Ether, using prices aggregated from top-rated virtual asset exchanges, calculated in real-time and denominated in US dollars.

Meanwhile, the Reference Rate is designed for the settlement of financial products, calculated daily at 4:00 pm Hong Kong time.

The Index Series is implemented under a rule-based methodology within a stringent and robust governance framework, to ensure the highest quality benchmarking and analysis.