China's TongCheng drops on tech index removal; Weimob, Autohome fall

Tongcheng Travel Holdings

21/02/2022 03:14

** Shares of China's online tourism services provider
Tongcheng Travel Holdings  0780.HK  drop as much as 8.3% to
HK$15.76, their biggest daily percentage decline since March 5,
2021 
    ** Stock hits the lowest since Jan 31, on course to snap
three straight sessions of gains; stock is third-biggest
percentage decliner in Hang Seng Tech Index  .HSTECH 
    ** Indexes complier Hang Seng Indexes Co Ltd says Tongcheng
Travel, Weimob  2013.HK , Autohome  2518.HK  will be removed
from Hang Seng Tech Index  .HSTECH  effective March
7 urn:newsml:reuters.com:*:nP8N2US04J
    ** Stock of cloud-based marketing solutions group Weimob
plunges 7.1%, worst day since Jan 27
    ** Shares of online automobile service provider Autohome
drops 6.3% to HK$52.05, lowest since debut on March 15, 2021
    ** Stock of Evergrande Property Services Group  6666.HK ,
which will be removed from Hang Seng China Enterprises Index
 .HSCE , declines nearly 4% in its worst day since Jan 27
    ** Hang Seng Tech Index  .HSTECH  falls 1.4%, Hang Seng
China Enterprises Index  .HSCE  eases 0.7%, and the benchmark
Hang Seng Index  .HSI  slips 0.6%


 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))