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.
