Hong Kong benchmark compiler Hang Seng Indexes proposes increase in constituent stocks for ‘reasonable representation for each industry’

//Hong Kong benchmark compiler Hang Seng Indexes proposes increase in constituent stocks for ‘reasonable representation for each industry’

Hong Kong benchmark compiler Hang Seng Indexes proposes increase in constituent stocks for ‘reasonable representation for each industry’

Hang Seng Indexes, which compiles Hong Kong’s benchmark index, is seeking an increase in the number of constituent stocks in its second major revamp in eight months.The change, proposed in a consultation paper released on Tuesday, will help it meet the requirements of a drastically changed stock market, one that is now dominated by big technology companies.“Our simulation suggests that increasing the number of constituents to between 65 and 80 can improve the overall coverage of the index and…

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By | 2020-12-22T13:17:36+00:00 December 22nd, 2020|Business|Comments Off on Hong Kong benchmark compiler Hang Seng Indexes proposes increase in constituent stocks for ‘reasonable representation for each industry’