HONG KONG -- Alibaba Group Holding, Xiaomi and pharmaceutical research group WuXi Biologics (Cayman) will be added to the Hang Seng Index next month, a milestone in the Hong Kong market's growing focus on Chinese technology stocks.
Hang Seng Indexes, a unit of Hang Seng Bank, signaled Friday that a bigger shift could be in the works, announcing a six-month comprehensive review of the benchmark to ensure it appropriately represents "the fast-expanding innovation and new economy sectors."
