Hong Kong to Expand Tech Index with AI and Robotics
Listen to the story
Hong Kong wants to grow its tech index. A tech index shows how technology companies are doing on the stock market. Now, Hong Kong plans to add new themes. These themes are artificial intelligence (AI) and robotics.
AI is when computers do smart tasks like humans. Robotics is about building and using robots. Hong Kong wants more companies from these fields in its index.
This plan comes as China's tech companies are doing well. Their stock prices are going up. This is called a rally. Many people think China is becoming very strong in AI.
Hong Kong wants to get part of this success. By adding AI and robotics companies, the index can show more of China's new technology. This can bring more investors to Hong Kong.
Investors are people who put money into companies. They hope to make more money later. A bigger tech index can help Hong Kong stay important in the tech world.
Vocabulary15 words
- tech index
- a list showing how technology companies' stocks are doing
- stock market
- a place where people buy and sell parts of companies
- artificial intelligence
- computers that can think and learn like people
- robotics
- the science of making and using robots
- stock prices
- how much a part of a company costs to buy
- rally
- when prices go up a lot in a short time
- investors
- people who give money to companies to make more money later
- dominance
- being the strongest or most powerful
- exposure
- having a connection or link to something
- themes
- main ideas or subjects
- expansion
- making something bigger
- shares
- small parts of a company that people can buy
- gain
- to get more of something, like money
- Beijing
- the capital city of China, often used to mean the Chinese government
- seeks
- is looking for or trying to get
Quiz
Answer key
1. AI and robotics themes 2. They went up 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Hong Kong wants to grow its _____. A tech index shows how technology companies are doing on the _____. Now, Hong Kong plans to add new themes. These themes are _____ (AI) and _____.
This plan comes as China's tech companies are doing well. Their _____ are going up. This is called a _____. Many people think China is becoming very strong in AI.
Hong Kong wants to get part of this success. By adding AI and robotics companies, the index can show more of China's new technology. This can bring more _____ to Hong Kong.