More mainland companies are likely to join the Hang Seng benchmark in the next rebalancing exercise. Photo: Reuters
SMIC, Nongfu Spring and Feihe tipped to join Hang Seng Index after review as China’s clout grows in Hong Kong’s equity market
- SMIC, Nongfu Spring, China Feihe, JD Health and Smoore are common names picked by analysts at CICC and China Renaissance
- The five, with a combined market capitalisation of US$165 billion, have had a mixed performance this year while the benchmark index outguns regional peers
More mainland companies are likely to join the Hang Seng benchmark in the next rebalancing exercise. Photo: Reuters