Changes in Hong Kong's Hang Seng Index

Significant adjustments are set to take place in Hong Kong’s Hang Seng Index as it aligns with its quarterly evaluation results. These revisions are focused on the technology sector, emphasizing a shift in the index’s composition to better reflect market trends.

New Inclusitions: Kuaishou and New Oriental Education

In an effort to ensure that the index accurately represents the evolving landscape of the market, Kuaishou Technology and New Oriental Education & Technology Group Inc. are slated for admission. This update signifies a move towards embracing innovative drivers in the digital and educational spheres.

Exclusion of New World Development Co.

Conversely, New World Development Co. will be phased out from the index. The removal of this long-standing company underscores a strategic realignment towards more progressive industries. This decision is in keeping with the broader objective of enhancing the Hang Seng Index's relevance and responsiveness to current market dynamics.

These changes, inspired by quarterly reviews, reflect the Hang Seng Index's ongoing commitment to adapt to shifts in market priorities.