18 April 2018

Hang Seng Indexes Licenses Hwabao WP Fund

to Use Hang Seng HK 35 as Basis for LOF

Hang Seng Indexes Company Limited (“Hang Seng Indexes”) has licensed the Hang Seng

HK 35 (“HSHK35”) to Hwabao WP Fund Management Co., Ltd. (“Hwabao WP Fund”) to

serve as the underlying index for the creation of a listed open-ended fund (“LOF”). The LOF

was listed on the Shenzhen Stock Exchange today.

Comprised of 35 largest companies listed in Hong Kong, the HSHK35 reflects the

performance of large-cap Hong Kong companies with sales revenue (or profits or assets if

more relevant) generated from Hong Kong and/or areas outside mainland China.

The new LOF will bring the number of exchange-traded products linked to indexes in the

Hang Seng Family of Indexes to 69 – with listings on 17 different stock exchanges across the

world. By the end of March 2018, assets under management in exchange-traded products

linked to indexes in the Hang Seng Family of Indexes had reached a total of more than

US$29 billion.

For further details of the HSHK35 and the exchange-traded products linked to indexes in the

Hang Seng Family of Indexes, please refer to the attached appendices.

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 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 #

March 2018

The Hang Seng HK 35 ("HSHK35") includes the 35 largest Hong Kong-listed companies with over 50% of its sales revenue derived from areasoutside mainland China. The HSHK35 provides a tradable index reflecting the performance of large-cap Hong Kong companies.

FEATURES

This thematic index tracks the 35biggest and most liquid Hong KongcompaniesHSHK35 provides an investible indextracking the large-cap Hong KongcompaniesStocks are freefloat-adjusted withweightings capped at 10% for higherinvestibility

INFORMATIONLaunch Date 20 Jan 2003Backdated To 3 Jan 2000Base Date 3 Jan 2000Base Index 2,000Review QuarterlyDissemination Every 2 secCurrency HKDTotal Return Index AvailableNo. of Constituents 35

VENDOR CODESBloomberg HSHK35Thomson Reuters .HSH35

CONTACT USEmail info@hsi.com.hk

Data has been rebased at 100.00. All information for an index prior to its launch date is back-tested, back-tested performancereflects hypothetical historical performance.

INDEX PERFORMANCE

Index Index Level% Change

1 - Mth 3 - Mth 6 - Mth 1 - Yr 3 - Yr 5 - Yr YTD

HSHK35 3,327.28 -3.10 -1.41 +4.61 +17.41 +20.01 +27.76 -1.41

HSHK35 TRI 6,332.03 -2.83 -0.87 +5.64 +21.68 +33.74 +53.77 -0.87

INDEX FUNDAMENTALS

Index Dividend Yield (%) PE Ratio (Times) Annual Volatility*(%)

HSHK35 3.85 13.53 11.38

*Annual Volati l i ty was calculated based on daily return for the past 12-month period.

CORRELATION

Index HSHK35 HSI HSLI

HSHK35 1.00 0.91 0.90

HSI - 1.00 1.00

HSLI - - 1.00

INDEX STATISTICS

Index Total Market Value (HKD Mn)

Market Value Coverage Ratio^(%)

Market Turnover Coverage^(%)

HSHK35 7,892,062 23.05 14.33

^ The universe comprises Main Board primary listings excluding foreign companies

All data as at 29 Mar 2018HSI: Hang Seng IndexHSLI: Hang Seng Composite LargeCap Index

DisclaimerAll information contained herein is provided for reference only. Hang Seng Indexes Company Limited ("HSIL") ensures the accuracy and reliabil ity of the above information to the best of itsendeavours. However, HSIL makes no warranty or representation as to the accuracy, completeness or reliabil ity of any of the information contained herein and accepts no liabil ity (whether in tort orcontract or otherwise) whatsoever to any person for any damage or loss of any nature arising from or as a result of reliance on any of the contents of this document, or any errors or omissions in itscontents and such contents may change from time to time without notice. Prospective investors should also note that value of securities and investments can go down as well as up and pastperformance is not necessarily indicative of future performance.The information contained in this document is not intended to provide professional advice and should not be relied upon in that regard. Persons intending to use any information obtained from thisdocument are advised to obtain appropriate professional advice.

© Hang Seng Indexes Company Limited 2018. All rights reserved.www.hsi.com.hk

A wholly-owned subsidiary of Hang Seng Bank

Hang Seng HK 35

CONSTITUENTSStock Code ISIN CODE Company Name Industry Classification Weighting (%)

1299 HK0000069689 AIA Financials 10.515 GB0005405286 HSBC Holdings Financials 9.76

388 HK0388045442 HKEx Financials 8.411 KYG217651051 CKH Holdings Conglomerates 7.09

1113 KYG2177B1014 CK Asset Properties & Construction 4.7727 HK0027032686 Galaxy Ent Consumer Services 4.7216 HK0016000132 SHK Ppt Properties & Construction 4.52

2 HK0002007356 CLP Holdings Utilities 4.23823 HK0823032773 Link REIT Properties & Construction 4.10

2388 HK2388011192 BOC Hong Kong Financials 3.9511 HK0011000095 Hang Seng Bank Financials 3.883 HK0003000038 HK & China Gas Utilities 3.78

1928 KYG7800X1079 Sands China Ltd Consumer Services 2.866 HK0006000050 Power Assets Utilities 2.71

66 HK0066009694 MTR Corporation Consumer Services 2.13288 KYG960071028 WH Group Consumer Goods 2.06669 HK0669013440 Techtronic Ind Consumer Goods 2.00

17 HK0017000149 New World Dev Properties & Construction 1.831997 KYG9593A1040 Wharf REIC Properties & Construction 1.74

12 HK0012000102 Henderson Land Properties & Construction 1.7220 HK0020000177 Wheelock Properties & Construction 1.31

1128 KYG981491007 Wynn Macau Consumer Services 1.241038 BMG2178K1009 CKI Holdings Utilities 1.19

19 HK0019000162 Swire Pacific A Conglomerates 1.1083 HK0083000502 Sino Land Properties & Construction 1.03

101 HK0101000591 Hang Lung Ppt Properties & Construction 1.03522 KYG0535Q1331 ASM Pacific Information Technology 0.94

4 HK0004000045 Wharf Holdings Properties & Construction 0.921972 HK0000063609 SwireProperties Properties & Construction 0.90

14 HK0014000126 Hysan Dev Properties & Construction 0.73494 BMG5485F1692 Li & Fung Consumer Goods 0.68551 BMG988031446 Yue Yuen Ind Consumer Goods 0.65

2282 KYG607441022 MGM China Consumer Services 0.543311 KYG216771363 China State Con Properties & Construction 0.54880 HK0880043028 SJM Holdings Consumer Services 0.43

Total 100.00

www.hsi.com.hk

Weightings may not add up to the total due to rounding A wholly-owned subsidiary of Hang Seng Bank

Appendix 2

Summary of Exchange-traded Products Linked to

the Hang Seng Family of Indexes

As at 18 April 2018 Index No. of

Index-linked

exchange-traded

products

Listing Place

Hang Seng Index 10 ETFs

10 L&Is

2 ETNs

1 LOF

1 CF

Hong Kong, Taiwan, France, Germany

(Frankfurt and Stuttgart), Italy,

Singapore, Switzerland, India, mainland

China (Shenzhen and Shanghai) and

Israel

Hang Seng China Enterprises Index 9 ETFs

10 L&Is

2 ETNs

1 LOF

1 CF

Hong Kong, France, Germany

(Frankfurt and Stuttgart), Italy, Spain,

Singapore, Switzerland, UK, South

Korea , mainland China (Shenzhen and

Shanghai), Israel and Taiwan

Hang Seng China Enterprises Futures Index 1 ETF

South Korea

HSI Short Index 1 ETF

1 ETN

Japan (Tokyo) and Taiwan

HSI Leveraged Index 1 ETF

1 ETN

Taiwan and Japan (Tokyo)

HSCEI Short Index 2 ETFs

1 ETN

Japan (Tokyo), Taiwan and

South Korea

HSCEI Leveraged Index 2 ETFs

Japan (Tokyo) and Taiwan

Hang Seng China (Hong Kong-listed) 25

Index

1 ETF

1 LOF

South Korea and mainland China

(Shanghai)

Hang Seng High Dividend Yield Index 2 ETFs Hong Kong and Canada (Toronto)

Hang Seng China A Industry Top Index 1 ETF Hong Kong

Hang Seng Stock Connect Hong Kong

SmallCap Index

1 ETF

Hong Kong

Hang Seng Composite SmallCap Index

1 LOF Mainland China (Shenzhen)

Hang Seng Composite MidCap & SmallCap

Index

1 LOF Mainland China (Shenzhen)

Hang Seng HK 35 1 ETF

1 LOF

Hong Kong and Mainland China

(Shenzhen)

Hang Seng China Enterprises Smart Index 1 LOF Mainland China (Shenzhen)

Hang Seng Composite MidCap Index 1 LOF Mainland China (Shanghai)

Notes:

CF: Classification fund

ETF: Exchange-traded fund ETN: Exchange-traded note

LOF: Listed open-ended fund L&I: Leveraged and inversed product