Original title: Will soon be included in the Hang Seng Index! The stock prices of Ali, Meituan, and Xiaomi increased further in the afternoon Source: Gelonghui

Gelonghui, July 9|Hang Seng Index recently stated that Ali, Meituan, and Xiaomi can be included in the Hang Seng Index's constituent stock selection in August. In the afternoon, Alibaba, Meituan Diandian, and Xiaomi Group's stock price increases further expanded. Alibaba rose nearly 11% to a new listing price of HK$263.8, Meituan Dianping rose more than 5% and hit a record high of HK$211, and Xiaomi Group rose more than 5% to a high of HK$16.98, approaching the issue price of HK$17. Wong Wai-hung, director and head of research and analysis at Hang Seng Indices, said at a webinar in response to the August review of the constituent stocks of the Hang Seng Index that a normal component stock selection requires a 2-year listing requirement and a sufficiently large market capitalization, while Alibaba, Meituan Dianping and Xiaomi Group have different rights or secondary listed companies, due to their huge market capitalization, can be included in the constituent stock selection range in August even if they may not meet the listing time requirements. Note: Ali, Meituan, and Xiaomi have all been selected for GLONGHUI's 2020 “Betting on China's Top Ten Core Assets” list.