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Hong Kong protests

China Inc.'s role in Hong Kong grows after security law

Mainland enterprises expand while foreign companies rethink their presence

HONG KONG -- When Hong Kong's stock market index was reshuffled last week, the standout changes seemed to encapsulate China's growing dominance of the international financial hub.

Gone from the Hang Seng Index after five decades was Swire Pacific, the trading house redolent of the era when Hong Kong was a British colony. In has come Meituan, the Chinese food delivery group, which will make up 5% of the index's weighting.

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