ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Markets

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

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.

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. In addition to seeking opinions on including more companies in the index, the compiler also asked for views on fast-tracking new listings, capping weightings at 8% from 10% currently, expanding sector representation and reserving a certain portion for Hong Kong-domiciled companies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more