Budweiser, Anta Sports and food delivery giant Meituan get green light to join Hong Kong’s benchmark Hang Seng Index

//Budweiser, Anta Sports and food delivery giant Meituan get green light to join Hong Kong’s benchmark Hang Seng Index

Budweiser, Anta Sports and food delivery giant Meituan get green light to join Hong Kong’s benchmark Hang Seng Index

Chinese online food delivery giant Meituan will become a major constituent of the Hang Seng Index from December 7, in a long-awaited move that will further raise the status of technology companies in Asia’s third-largest stock market.Sportswear maker Anta Sports and Budweiser Brewing Company APAC will also become component stocks of Hong Kong’s benchmark shares gauge, index compiler Hang Seng Indexes said in a statement on Friday. The latest quarterly “rebalancing” takes the number of…

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By | 2020-11-13T11:41:44+00:00 November 13th, 2020|Business|Comments Off on Budweiser, Anta Sports and food delivery giant Meituan get green light to join Hong Kong’s benchmark Hang Seng Index