What is the relationship between Hang Seng Electronics and Evergrande Group?

Hang Seng Electronics and Evergrande Group are two completely different companies, and there is no direct relationship between them. Hang Seng Electronics is a company specializing in providing financial information technology solutions, headquartered in Hongkong, China. It is a wholly-owned subsidiary of Hong Kong Hang Seng Index Co., Ltd. and is responsible for managing and calculating financial indexes such as Hang Seng Index. Evergrande Group is a real estate development group headquartered in Guangdong, China, involving real estate development, property management, cultural tourism and other fields. Evergrande Group is one of the largest real estate developers in China and one of the listed companies on the Hong Kong Stock Exchange. Although both of them have the word "Heng" in their names, Hang Seng Electronics and Evergrande Group are two completely independent entities, and they are not related in business field and corporate structure.