UBTech Selected as First-Batch Constituent of HKEX Tech 100 Index

UBTech (09880.HK) has been selected as a first-batch constituent of the HKEX Tech 100 Index, after having been included in the MSCI China Index last month. On December 10, the company disclosed a Walker S2 commercial order worth over 50 million yuan, and in November it also secured projects including a 143 million yuan data collection and training center in Jiujiang, 264 million yuan at a Guangxi border port, and 159 million yuan in Zigong. E Fund has been approved to launch an ETF tracking the index, which is expected to bring more institutional investor attention.