share_log

The Hang Seng Index company is about to announce the review results, with POP MART and BEIGENE becoming popular candidates for inclusion.

Gelonghui Finance ·  May 16 07:56

Gelonghui, May 16 | As the Hang Seng Index company seeks to expand the index to better reflect market structures, POP MART is expected to be a popular candidate for the upcoming quarterly review to be announced. Brian Freitas, founder of Periscope Analytics, noted in a report that the astonishing rise in POP MART's stock price over the past year gives it the potential to join the Hang Seng Index. The stock's short position is currently also at a low level. So far this year, POP MART's stock price has more than doubled. Several Analysts also mentioned that the biomedical giant BEIGENE and the Italian fashion brand PRADA may also be included in the index. The Hang Seng Index company will announce the results of the quarterly review on Friday, and any adjustments to the constituent stocks will take effect on June 9. Although the index company plans to eventually expand the number of ConstituentStocks in Hang Seng Index to 100, the number of constituent stocks remained unchanged in the review results announced in February this year. Only one company was added net last year, bringing the total number of constituent stocks to 83.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment