HONG KONG -- A face-lift of Hong Kong's benchmark stock index and ongoing market reforms in mainland China underscore Beijing's push to create a technology listing ecosystem at a time when the U.S. is threatening to shut out Chinese companies from trading on American exchanges.
Markets
Hong Kong market index revamp boosts region as tech listing hub
Alibaba's addition comes amid US threats to cut IPO access for Chinese companies
The Hong Kong Stock Exchange. The overhaul of the Hang Seng Index brings in Alibaba Group Holding, smartphone maker Xiaomi and pharmaceutical research group WuXi Biologics (Cayman). © Reuters
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