Tencent, China Mobile to join Hang Seng China Enterprises Index
06/02/2018 10:40
HONG KONG, Feb 6 (Reuters) - Hong Kong's stock index
compiler said on Tuesday that a total of ten Red-chips and
P-chips, including Tencent 0700.HK , CITIC Ltd 0267.HK and
China Mobile Ltd 0941.HK , have been selected to join the Hang
Seng China Enterprises Index as constituents.
Other constituents include Guangdong Investment Ltd
0270.HK , China Gas Holdings Ltd 0384.HK , CNOOC Ltd
0883.HK , Hengan International Group Co Ltd 1044.HK , CSPC
Pharmaceutical Group Ltd 1093.HK , China Resources Land Ltd
1109.HK and Shenzhou International Group Holdings Ltd
2313.HK , it added.
The 10 Red-chips and P-chips constituents will be added to
the HSCEI in five phases over a period of 12 months, with the
first phase starting on March 5 and the last phase on March
2019, Hang Seng Indexes said in a statement.
Meanwhile, ZhongAn Online P & C Insurance Co Ltd 6060.HK
will be added to the index of Chinese enterprises listed in Hong
Kong, while China Railway Construction Corporation Ltd 1186.HK
will be removed.
Wharf Real Estate Investment Company Limited (Wharf REIC)
1997.HK , the spin-off unit of Hong Kong property-to-media
conglomerate Wharf, will replace The Wharf (Holdings) Ltd
0004.HK to become a component of the Hang Seng Index .HSI .
The changes are part of the index manager's quarterly review
and will take effect on March 5.
(Reporting by Twinnie Siu; Editing by Louise Heavens)
((twinnie.siu@thomsonreuters.com; 852-2841 5763; Reuters
Messaging: twinnie.siu.thomsonreuters.com@reuters.net))
Keywords: HONGKONG MARKETS/HANGSENG