Bilibili's HK shares fall on removal from Hang Seng China Enterprises Index

China Gas Holdings

21/11/2022 07:18

** Hong Kong shares of Bilibili Inc  9626.HK  fall as much
as 9.3% to HK$108.10, lowest level since Nov. 15
    ** Stock down for third straight session as Bilibili is to
be removed from a benchmark index 
    ** The company, best known for its YouTube-like
video-sharing platform, is the biggest pct decliner on the Hang
Seng Tech Index  .HSTECH  and second biggest pct loser on Hang
Seng China Enterprises Index  .HSCE  
    ** Indices complier Hang Seng Indexes Co says Bilibili,
Alibaba Health Information Technology  0241.HK , China Gas
Holdings  0384.HK , and Innovent Biologics Inc  1801.HK  are to
be removed from Hang Seng China Enterprises Index  .HSCE  with
effect from Dec. 5  urn:newsml:reuters.com:*:nP8N32B050
    ** Shares of Alibaba Health, China Gas, and Innovent
Biologics Inc fall between 2.2% and 4.4% 
    ** The Hang Seng Commerce & Industry Index  .HSNC  drops
2.5%, Hang Seng Tech Index  .HSTECH  declines 2.7%
    ** The Hang Seng China Enterprises Index  .HSCE  and the
Hang Seng Index  .HSI  both fall 1.8%
 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))