ASMPT, J&T Global to benefit from latest review of Hang Seng indices as SenseTime exits

Quick Summary:

It adjusted the technology index and another tracking top Chinese enterprises.

Hong Kong’s stock market has lost about 11 per cent since hitting the peak this year in late May.

Replacing JD Logistics with J&T was “unexpected, as both companies have similar market capitalisation, yet trading in JD Logistics is more active” by more than three times, said Louis Wong, executive director of Phillip Capital Management in Hong Kong, citing stock exchange data.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Review Stock Hang Market Logistics Cent Seng Stocks Index Chinese Compiler

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 20:32:07 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22100979

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