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Hong Kong seeks to expand stock index amid surge of Chinese IPOs

Proposals to overhaul Hang Seng Index aimed at keeping benchmark relevant

Hang Seng Indexes, a unit of Hang Seng Bank, on Tuesday released five proposals for consultation in what could be the biggest revamp yet for the 52-component index.   © Reuters
NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent | Hong Kong

HONG KONG -- The compiler of Hong Kong's main stock index is considering expanding the 51-year-old benchmark to as many as 80 companies amid a deluge of mainland China companies listing in the territory.

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