Hang Seng Indexes Pioneers Gen-AI Solutions for Index Calculations

In a significant development, Hang Seng Indexes Company has announced the successful adoption of the first Generative AI (Gen-AI) use case in its index calculation process. This milestone marks the company's continued commitment to innovation and technological advancement.

The Gen-AI solution was co-developed through the Index Innovation Lab, a joint initiative established in 2024 between Hang Seng Bank and Cyberport, Hong Kong's digital tech hub. Hang Seng Indexes Company engaged with over 200 innovators from Cyberport's network to co-create practical solutions that enhance index operations. Collaborating with INF Hong Kong, a Cyberport community member, the company was able to integrate the Gen-AI capability into the Hang Seng Family of Indexes, including the Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng TECH Index.

The Gen-AI solution has been specifically applied to assist in the calculation of the free-float adjusted factor (FAF), which determines the percentage of publicly tradable shares of a listed company. This innovative approach has further improved the efficiency and accuracy of the index calculation process, reinforcing Hang Seng Indexes Company's role as a cornerstone of Hong Kong's financial market.

The successful implementation of this Gen-AI use case demonstrates the transformative power of technology in driving efficiency and innovation. Hang Seng Indexes Company and Cyberport are committed to fostering financial innovation and supporting local startups, further strengthening Hong Kong's position as an international financial center and a technology hub.