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Markets

Hang Seng Index reshuffle underscores China influence in Hong Kong

Meituan, Anta and Budweiser added while original blue-chip Swire Pacific dropped

The Hang Seng Index has shed its reliance on financial companies and has tilted toward technology stocks, in line with the growth of mainland tech conglomerates. (Photo by Dean Napolitano)

HONG KONG -- A change of lineup in Hong Kong's benchmark stock index on Monday underscores China's increasing clout in the regional financial hub and will give global investors even bigger exposure to the world's largest market.

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