The two new stocks will have a combined weighting of 1.15 per cent, with Nongfu Spring contributing 0.69 per cent and Lenovo contributing 0.46 per cent. Photo: AFP
Nongfu Spring, Lenovo are added to Hang Seng Index, while Evergrande unit is dropped from China gauge
- Friday’s additions surprise the market, as many had forecast that more firms will be added to meet compiler’s goal of expanding the gauge to 80 constituents
- Evergrande Property Services Group is replaced by Xinyi Solar Holdings on the China Enterprises Index
The two new stocks will have a combined weighting of 1.15 per cent, with Nongfu Spring contributing 0.69 per cent and Lenovo contributing 0.46 per cent. Photo: AFP