Futu news on October 28thMeituan commented that the share price rose rapidly in early trading. As of press time, the share price rose 6.02% to HK $96, with a turnover exceeding HK $1.2 billion.In addition, XIAOMI's share price rose more than 4% in intraday trading, but now it has narrowed down and is now up 1.32%.

The list of Hong Kong Stock Connect shares under the Shenzhen-Hong Kong Stock Connect has been adjusted and Meituan's comments have been transferred, effective today.

XIAOMI Group and Meituan Dianping are both new economy companies with the same shares and different rights listed on the Hong Kong Stock Exchange. After Hong Kong listed companies are included in the Hong Kong Stock Connect, mainland investors can invest in them beyond the restrictions of different exchanges.

Goldman Sachs Group previously estimated that the potential inflow of funds into XIAOMI reached $1.6 billion, while the inflow of funds into Meituan's comments is expected to be $1.4 billion.

Xiao Mo released a report sayingMeituan ranked 15th among Hong Kong listed companies by market capitalization from the fourth quarter of last year to the third quarter of this year, and has the opportunity to be quickly included in the Hang Seng Index according to the rules of the Hang Seng Index, and the results of the next quarterly inspection of the Hang Seng Index will be announced after the close of the market on November 8. and will take effect after the market closes on December 6. The bank pointed out that Meituan belongs to the IT industry, and the relevant industries are not adequately represented in the Hang Seng Index. As the Hang Seng Index attaches importance to the proportion of the industry, it believes that its inclusion opportunities are increased.

The bank pointed out that Meituan is already a constituent stock in many major indices, but it is not included in the Hang Seng Index because it has not been listed for a long time. Unless the market capitalization of the company is large enough to be included quickly, the Hang Seng Index generally requires companies to list for at least two years. In addition, because Meituan did not pay a dividend, it does not meet the requirements of the national index.

The bank pointed out that if included in the Hang Seng Index, Meituan's weight is estimated to be 3.61%, which is expected to trigger $1.1 billion in passive funds, equivalent to 97 million shares, or 3.9 times the average daily turnover in the past.