HKEX Tech 100 adds Pony AI, WeRide in index revamp targeting AI stocks

Hong Kong Exchanges and Clearing (HKEX) is set to revamp its Tech 100 Index by adding 10 companies, including AI-focused firms Pony AI and WeRide, in a move aimed at increasing exposure to artificial intelligence and other emerging technologies. The additions also include Insilico Medicine, a drug-discovery specialist, Victory Giant Technology, a printed-circuit board maker, and Beijing Haizhi Technology, an enterprise AI company.

The revised index, effective September 14, will be rounded out by data infrastructure company Shenzhen Xunce Technology, robotics firm OneRobotics (Shenzhen), digital-twin specialist Beijing 51World Digital Twin Technology, and semiconductor player Montage Technology. In contrast, 14 constituents, such as Alibaba Health Information Technology, Ganfeng Lithium Group, and Bilibili, will be removed from the index.

This reshuffle follows HKEX's earlier announcement of an updated methodology for the Tech 100, which will broaden its exposure to emerging technology trends, including those within the AI value chain. The index, launched last year, is designed to reflect the depth and diversity of innovative companies listed on the exchange, covering six themes: AI, biotechnology, electric vehicles, information technology, internet, and robotics.

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