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Hang Seng Index Changes - Announcement Today

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  1. #1

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    Hang Seng Index Changes - Announcement Today

    According to this Bloomberg article the HSI are poised to announce that they will include secondary listings and weighted shares in the index. I've no idea the time scale, but once the process of adding these companies is complete the index could look dramatically different. Tencent, Baba, Xiaomi, Ant Financial, JD.com, Meituan Dianping...that's six off the top of my head, could all be in the top 10. Currently tencent are the only tech company in the top 10. Would certainly make the Tracker fund a lot more attractive (IMO).

    https://www.bloomberg.com/amp/news/a...ang-seng-index

    shri, Coolboy, pin and 2 others like this.

  2. #2

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    If those were included, what would be removed?


  3. #3

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    Quote Originally Posted by LifeInHK:
    This is not about a physical change in the current index. It is about what is eligible in future changes.

    On Monday at around 4:30 p.m. in Hong Kong, the compiler of the gauge is expected to announce whether companies with secondary listings and unequal voting rights will be included for the first time, namely Alibaba Group Holding Ltd. Doing so would open the door to transforming the Hang Seng from a gauge overstuffed with banks and insurers to one that better reflects the technological dynamism of China’s economy.

  5. #5

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    So more PRC companies with shady finances to be listed in HK?


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    Quote Originally Posted by pin:
    So more PRC companies with shady finances to be listed in HK?
    As opposed to HK "finance companies" that lend money to shady....

  7. #7

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    Quote Originally Posted by shri:
    As opposed to HK "finance companies" that lend money to shady....
    But at least they are well capitalised!

  8. #8

    As long as they pay dividends more and more every year... I'm a happy investor
    Tencent 0700.HK is doing a good job in that so far.. So let's see.

    It is up to us to buy or not to buy.


  9. #9

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    Quote Originally Posted by PetravanderVegt:
    As long as they pay dividends more and more every year... I'm a happy investor
    Tencent 0700.HK is doing a good job in that so far.. So let's see.

    It is up to us to buy or not to buy.
    Dividends have to come from somewhere.........
    PetravanderVegt likes this.

  10. #10

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    Quote Originally Posted by shri:
    If those were included, what would be removed?
    Want want China, a snack company and AACT Technologies apparently. Article says they'll be dumped due to smaller market cap.
    AsianXpat0 likes this.

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