Ng Fung Hong in MidCaps

PUBLISHED : Thursday, 30 January, 1997, 12:00am
UPDATED : Thursday, 30 January, 1997, 12:00am

Ng Fung Hong will replace debt-plagued Siu-Fung Ceramics Holdings in Hong Kong's Hang Seng MidCap 50 Index from February 3.


Joining the index could boost state-controlled Ng Fung Hong's shares as some fund managers adjust portfolios to reflect benchmark indexes.