Hong Kong Hang Seng Index Co., Ltd. announced on November 19th that China Resources Beer, ENN Energy, JD.com Group and NetEase, Inc will be included in the Hang Seng Index.
After the change, the number of constituent stocks in the Hang Seng Index will increase from 60 to 64.
For the Hang Seng China Enterprises Index, the Hang Seng Index announced that it would exclude China Evergrande Group Group and be included in INNOVENT BIO Pharmaceutical Co., Ltd.
The Hang Seng Technology Index remains unchanged, and the Hang Seng Composite Index is newly included in three stocks, including Helens.
All changes will take effect on Monday, December 6, 2021, the Hang Seng Index said.
JD.com 's share price has risen 2.56 per cent since the start of the year. JD.com 's net income in the third quarter was 218.7 billion yuan, exceeding analysts' expectations and up 25.5 per cent from a year earlier, according to financial results yesterday.
JD.com said last week that sales at the Singles Day shopping festival jumped 29 per cent to a record 349.1 billion yuan, outpacing rival BABA's 8.5 per cent growth.
NetEase, Inc's share price has risen more than 20 per cent since the start of the year. NetEase, Inc's revenue in the third quarter was 22.19 billion yuan, up 19% from a year earlier, according to the latest financial data.
NetEase, Inc Yun Music is preparing to restart the IPO process on the Hong Kong Stock Exchange on November 16, making it the first Internet company to restart the listing process after the turmoil in the Hong Kong stock market this year.
Meanwhile, China Evergrande Group's share price has fallen more than 80 per cent this year.
In the face of the company's current liquidity crisis, China Evergrande Group chose to sell all kinds of saleable assets to withdraw funds. So far, Evergrande emptied the Hengteng network with a total cash of about HK $10.5 billion and an estimated loss of HK $8.5 billion.