Grasp Seng Index Firm launched the China Metaverse Index on Monday to trace the efficiency of 30 metaverse-related listed companies in Hong Kong, Shanghai and Shenzhen.
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Quick details
- Grasp Seng Index Firm is a subsidiary of main Hong Kong financial institution Grasp Seng Financial institution, which is extensively identified for its product Grasp Seng Index.
- Director and Chief Index Officer of Grasp Seng Indexes Firm, Daniel Wong, mentioned the index is designed to “assist buyers seize potential alternatives arising from these modern and transformative tendencies within the mainland China and Hong Kong inventory markets.”
- The index consists of leisure, expertise and digital manufacturing corporations together with Tencent, Netease, and Apple suppliers Goertek and Sunny Optical Know-how.
- The index has tracked a 27% loss since Dec. 31, 2018.
- Prior to now three days, native governments in Guangzhou, Xiamen and Hangzhou have launched plans to incentivize native metaverse corporations.
See associated article: China’s largest brokerage says the metaverse might be popularized in 20 years
