In today’s briefing:
- HSCEI Index Rebalance: Lenovo In, Hansoh Out; Sunac Survives (For Now)
HSCEI Index Rebalance: Lenovo In, Hansoh Out; Sunac Survives (For Now)
- As expected, Lenovo (992 HK) will replace Hansoh Pharmaceutical (3692 HK) in the Hang Seng China Enterprises Index (HSCEI INDEX) after the close of trading on 10 June.
- Sunac China Holdings (1918 HK) has been kept in the index for now, though suspension till 30 June will see it deleted early July.
- Changes to the stocks, number of shares, float and capping results in an estimated one-way turnover of 3.7% and will result in a one-way trade of HK$2,977m.
Before it’s here, it’s on Smartkarma
