Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul_老虎社区_美港股上老虎

Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul

BLOOMBERG2021-05-21

HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...

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Moonwalker
·2021-05-21
Please comment below
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- nana99:
  Comment back Please
  2021-05-21
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77c7f244
·2021-05-21
SGX has a lot of catching up to do. For a financial city state, the stock market is lagging others.
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- LuluDog:
  Sgx lack local Companies to list. Good one will go usa.
  2021-05-21
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Gooooooooood
·2021-05-21
tencent shares down
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mummumtumtum
·2021-05-21
Massive change, must wait for dust to settle to see the full effects
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大时代的刘青云
·2021-05-21
Flatten the curve
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Kok
·2021-05-21
Pls like n comment. Tks!
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1
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- nana99:
  Comment back please
  2021-05-21
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- Kok:
  sure
  2021-05-21
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Slee49
·2021-05-21
Good step
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燃烧吧我的小宇宙
·2021-05-21
😲
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77c7f244
·2021-05-21
It’s about time they review
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UTOtrader
·2021-05-21
Sell n profit!
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Huradelia
·2021-05-21
Please like and comment
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2
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- KinKat:
  done
  2021-05-21
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edgetrader
·2021-05-21
No wonder Tencent is down
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AnaiAnai
·2021-05-21
bad news for heavy weight companies.
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- Ameliakoh:
  🥺
  2021-05-21
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Kel9670ong
·2021-05-21
Think to refocus on different index and varies according to the weightage
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Alvin1975
·2021-05-21
Like n comment!
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4
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- WenJieChan:
  [微笑]
  2021-05-21
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- spcenbeyond:
  ok
  2021-05-21
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K20
·2021-05-21
Wow like and comment
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4
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- 俊俊要努力:
  reply pls
  2021-05-21
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- Alvin1975:
  Like n comment!
  2021-05-21
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- WenJieChan回复Alvin1975:
  [微笑]
  2021-05-21
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查看更多 1 条评论
459c98b1
·2021-05-21
HK$2.85B pulling out? Wow but Tencent market cap is HK$5.6T. Compelling noises. Pls like & share.
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- XIN90:
  Why
  2021-05-21
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oneplus374
·2021-05-21
niceplease like and comment, thanks!
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4
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- TTH4Legs:
  Done. reply pls
  2021-05-21
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- Kok:
  pls reply back. tks!
  2021-05-21
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- TTH4Legs:
  Done
  2021-05-22
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hkartadi
·2021-05-21
And the logic behind tencent shares go down andearning beat expectation is?
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MochiMama
·2021-05-21
Like and comment
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7
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- oneplus374:
  like and comment too!
  2021-05-21
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- Kok:
  pls reply back. tks!
  2021-05-21
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- Runningdown:
  Done
  2021-05-21
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Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"},"commentList":[{"id":139317717,"gmtCreate":1621592148539,"gmtModify":1634187825710,"author":{"id":"3578144431053530","authorId":"3578144431053530","name":"Moonwalker","avatar":"https://static.tigerbbs.com/09c444fbe99e3975f4bc242d4d531918","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578144431053530","authorIdStr":"3578144431053530"},"htmlText":"Please comment below&nbsp;","listText":"Please comment below&nbsp;","text":"Please comment below","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139317717","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4402745,"gmtCreate":1621599024481,"gmtModify":1635403565581,"authorId":3578649684330150,"author":{"id":3578649684330150,"idStr":"3578649684330150","authorId":3578649684330150,"name":"nana99","avatar":"https://static.tigerbbs.com/8e1d85c2911a74d975df652e54cba9a9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139317717,"type":1,"supId":0,"prevId":0,"content":"Comment back Please ","text":"Comment back Please ","html":"Comment back Please "}],"langContent":"EN"},{"id":139302634,"gmtCreate":1621589107228,"gmtModify":1634187844487,"author":{"id":"3579590433924918","authorId":"3579590433924918","name":"77c7f244","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579590433924918","authorIdStr":"3579590433924918"},"htmlText":"SGX has a lot of catching up to do. For a &nbsp; &nbsp; &nbsp;&nbsp;financial city state, the stock market is &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;lagging others.&nbsp;","listText":"SGX has a lot of catching up to do. For a &nbsp; &nbsp; &nbsp;&nbsp;financial city state, the stock market is &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;lagging others.&nbsp;","text":"SGX has a lot of catching up to do. For a financial city state, the stock market is lagging others.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139302634","repostId":2137972546,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4402159,"gmtCreate":1621594476689,"gmtModify":1635403610458,"authorId":3581546699205694,"author":{"id":3581546699205694,"idStr":"3581546699205694","authorId":3581546699205694,"name":"LuluDog","avatar":"https://static.tigerbbs.com/3907b71bbdbc645cd47ba9a5e5798afe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139302634,"type":1,"supId":0,"prevId":0,"content":"Sgx lack local Companies to list. Good one will go usa. ","text":"Sgx lack local Companies to list. Good one will go usa. ","html":"Sgx lack local Companies to list. Good one will go usa. "}],"langContent":"EN"},{"id":139306788,"gmtCreate":1621589083544,"gmtModify":1634187844970,"author":{"id":"3574730598400983","authorId":"3574730598400983","name":"Gooooooooood","avatar":"https://static.tigerbbs.com/15d0691a3e26606a6dfdf2a21318e30c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574730598400983","authorIdStr":"3574730598400983"},"htmlText":"&nbsp;tencent shares&nbsp;down&nbsp;","listText":"&nbsp;tencent shares&nbsp;down&nbsp;","text":"tencent shares down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139306788","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139976421,"gmtCreate":1621588369363,"gmtModify":1634187851730,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581079319641993","authorIdStr":"3581079319641993"},"htmlText":"Massive change, must wait for dust to settle to see the full effects","listText":"Massive change, must wait for dust to settle to see the full effects","text":"Massive change, must wait for dust to settle to see the full effects","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139976421","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139965361,"gmtCreate":1621585207453,"gmtModify":1634187875062,"author":{"id":"3573121978215252","authorId":"3573121978215252","name":"大时代的刘青云","avatar":"https://static.tigerbbs.com/a6d9f5db4cc02ec3ab0d48cb2bba6fbf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573121978215252","authorIdStr":"3573121978215252"},"htmlText":"Flatten the curve","listText":"Flatten the curve","text":"Flatten the curve","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139965361","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139911549,"gmtCreate":1621583633881,"gmtModify":1634187891851,"author":{"id":"3560204717545571","authorId":"3560204717545571","name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3560204717545571","authorIdStr":"3560204717545571"},"htmlText":"Pls like n comment. Tks!","listText":"Pls like n comment. Tks!","text":"Pls like n comment. Tks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/139911549","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4402750,"gmtCreate":1621599040110,"gmtModify":1635403565039,"authorId":3578649684330150,"author":{"id":3578649684330150,"idStr":"3578649684330150","authorId":3578649684330150,"name":"nana99","avatar":"https://static.tigerbbs.com/8e1d85c2911a74d975df652e54cba9a9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139911549,"type":1,"supId":0,"prevId":0,"content":"Comment back please ","text":"Comment back please ","html":"Comment back please "},{"id":4403307,"gmtCreate":1621603026530,"gmtModify":1635403517838,"authorId":3560204717545571,"author":{"id":3560204717545571,"idStr":"3560204717545571","authorId":3560204717545571,"name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139911549,"type":1,"supId":4402750,"prevId":0,"content":"<u>sure</u>","text":"<u>sure</u>","html":"<u>sure</u>"}],"langContent":"EN"},{"id":139995470,"gmtCreate":1621582299890,"gmtModify":1634187901259,"author":{"id":"3581993357014262","authorId":"3581993357014262","name":"Slee49","avatar":"https://static.tigerbbs.com/a4a9c556617a3ec3446f5c1c667b4aa0","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3581993357014262","authorIdStr":"3581993357014262"},"htmlText":"Good step&nbsp;","listText":"Good step&nbsp;","text":"Good step","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139995470","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139909404,"gmtCreate":1621580671108,"gmtModify":1634187911790,"author":{"id":"3577973342242790","authorId":"3577973342242790","name":"燃烧吧我的小宇宙","avatar":"https://static.tigerbbs.com/f355f30467c97ea6ebb736238d0d3c62","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577973342242790","authorIdStr":"3577973342242790"},"htmlText":"😲","listText":"😲","text":"😲","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139909404","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139075200,"gmtCreate":1621580082100,"gmtModify":1634187914141,"author":{"id":"3579590433924918","authorId":"3579590433924918","name":"77c7f244","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579590433924918","authorIdStr":"3579590433924918"},"htmlText":"It’s about time they review","listText":"It’s about time they review","text":"It’s about time they review","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139075200","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139053313,"gmtCreate":1621577456732,"gmtModify":1634187931222,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"Sell n profit!","listText":"Sell n profit!","text":"Sell n profit!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139053313","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139031816,"gmtCreate":1621572467135,"gmtModify":1634187964200,"author":{"id":"3550593849162338","authorId":"3550593849162338","name":"Huradelia","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3550593849162338","authorIdStr":"3550593849162338"},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139031816","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4399784,"gmtCreate":1621573125195,"gmtModify":1635403802746,"authorId":3577917165320806,"author":{"id":3577917165320806,"idStr":"3577917165320806","authorId":3577917165320806,"name":"KinKat","avatar":"https://static.tigerbbs.com/05a5d7e664c9e14d1097e19f1846ce94","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139031816,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"}],"langContent":"EN"},{"id":139094017,"gmtCreate":1621572152239,"gmtModify":1634187968807,"author":{"id":"3570751249933438","authorId":"3570751249933438","name":"edgetrader","avatar":"https://static.tigerbbs.com/7d0e920d94a7891f4c6393f3e5510ccc","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3570751249933438","authorIdStr":"3570751249933438"},"htmlText":"No wonder Tencent is down","listText":"No wonder Tencent is down","text":"No wonder Tencent is down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139094017","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139093415,"gmtCreate":1621571667537,"gmtModify":1634187972564,"author":{"id":"3583884958321017","authorId":"3583884958321017","name":"AnaiAnai","avatar":"https://static.tigerbbs.com/8b0d0d8e20a4082ac0bc6a98756546ec","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583884958321017","authorIdStr":"3583884958321017"},"htmlText":"bad news for heavy weight companies.&nbsp;","listText":"bad news for heavy weight companies.&nbsp;","text":"bad news for heavy weight companies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139093415","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4400015,"gmtCreate":1621575068208,"gmtModify":1635403783175,"authorId":3574754838536636,"author":{"id":3574754838536636,"idStr":"3574754838536636","authorId":3574754838536636,"name":"Ameliakoh","avatar":"https://static.tigerbbs.com/4a747ab791603fb0a649736b10ec7454","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139093415,"type":1,"supId":0,"prevId":0,"content":"🥺","text":"🥺","html":"🥺"}],"langContent":"EN"},{"id":139093292,"gmtCreate":1621571656316,"gmtModify":1634187972684,"author":{"id":"3578468158955348","authorId":"3578468158955348","name":"Kel9670ong","avatar":"https://static.tigerbbs.com/bd86c42e207fbd94e7f8877a29457d71","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578468158955348","authorIdStr":"3578468158955348"},"htmlText":"Think to refocus on different index and varies according to the weightage","listText":"Think to refocus on different index and varies according to the weightage","text":"Think to refocus on different index and varies according to the weightage","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139093292","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139005481,"gmtCreate":1621571289143,"gmtModify":1634187975937,"author":{"id":"3573788625955643","authorId":"3573788625955643","name":"Alvin1975","avatar":"https://static.tigerbbs.com/beba0668af2d109b87221754e75935b3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573788625955643","authorIdStr":"3573788625955643"},"htmlText":"Like n comment!","listText":"Like n comment!","text":"Like n comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/139005481","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4399521,"gmtCreate":1621571328821,"gmtModify":1635403823737,"authorId":3572242831702290,"author":{"id":3572242831702290,"idStr":"3572242831702290","authorId":3572242831702290,"name":"WenJieChan","avatar":"https://static.tigerbbs.com/53ef4172b753c018b9380f43f496ab73","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139005481,"type":1,"supId":0,"prevId":0,"content":"[微笑]","text":"[微笑]","html":"[微笑]"},{"id":4399630,"gmtCreate":1621571975123,"gmtModify":1635403814940,"authorId":3571890541915645,"author":{"id":3571890541915645,"idStr":"3571890541915645","authorId":3571890541915645,"name":"spcenbeyond","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139005481,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":139002904,"gmtCreate":1621571186608,"gmtModify":1634187977180,"author":{"id":"3583284147557843","authorId":"3583284147557843","name":"K20","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3583284147557843","authorIdStr":"3583284147557843"},"htmlText":"Wow like and comment","listText":"Wow like and comment","text":"Wow like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/139002904","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4399510,"gmtCreate":1621571244435,"gmtModify":1635403824820,"authorId":3574812638623786,"author":{"id":3574812638623786,"idStr":"3574812638623786","authorId":3574812638623786,"name":"俊俊要努力","avatar":"https://static.tigerbbs.com/7f41119632c88093c26a2612cb1b4c40","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139002904,"type":1,"supId":0,"prevId":0,"content":"reply pls","text":"reply pls","html":"reply pls"},{"id":4399517,"gmtCreate":1621571280182,"gmtModify":1635403824055,"authorId":3573788625955643,"author":{"id":3573788625955643,"idStr":"3573788625955643","authorId":3573788625955643,"name":"Alvin1975","avatar":"https://static.tigerbbs.com/beba0668af2d109b87221754e75935b3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139002904,"type":1,"supId":4399510,"prevId":0,"content":"Like n comment!","text":"Like n comment!","html":"Like n comment!"},{"id":4399523,"gmtCreate":1621571335966,"gmtModify":1635403823628,"authorId":3572242831702290,"author":{"id":3572242831702290,"idStr":"3572242831702290","authorId":3572242831702290,"name":"WenJieChan","avatar":"https://static.tigerbbs.com/53ef4172b753c018b9380f43f496ab73","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3573788625955643,"repliedAuthor":{"id":3573788625955643,"idStr":"3573788625955643","authorId":3573788625955643,"name":"Alvin1975","avatar":"https://static.tigerbbs.com/beba0668af2d109b87221754e75935b3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":139002904,"type":1,"supId":4399510,"prevId":4399517,"content":"[微笑]","text":"[微笑]","html":"[微笑]"},{"id":4399539,"gmtCreate":1621571401403,"gmtModify":1635403822109,"authorId":3583284147557843,"author":{"id":3583284147557843,"idStr":"3583284147557843","authorId":3583284147557843,"name":"K20","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139002904,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"EN"},{"id":139003001,"gmtCreate":1621570909103,"gmtModify":1634187980272,"author":{"id":"3579868315520587","authorId":"3579868315520587","name":"459c98b1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3579868315520587","authorIdStr":"3579868315520587"},"htmlText":"HK$2.85B pulling out? Wow but Tencent market cap is HK$5.6T. Compelling noises. Pls like &amp; share.&nbsp;","listText":"HK$2.85B pulling out? Wow but Tencent market cap is HK$5.6T. Compelling noises. Pls like &amp; share.&nbsp;","text":"HK$2.85B pulling out? Wow but Tencent market cap is HK$5.6T. Compelling noises. Pls like & share.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139003001","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4399470,"gmtCreate":1621570978900,"gmtModify":1635403828649,"authorId":3575421183576572,"author":{"id":3575421183576572,"idStr":"3575421183576572","authorId":3575421183576572,"name":"XIN90","avatar":"https://static.tigerbbs.com/a03ad25cd0afaee9bf2e99b32ad14452","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139003001,"type":1,"supId":0,"prevId":0,"content":"Why","text":"Why","html":"Why"}],"langContent":"EN"},{"id":139009602,"gmtCreate":1621570863906,"gmtModify":1634187980754,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573639773544520","authorIdStr":"3573639773544520"},"htmlText":"niceplease like and comment, thanks!","listText":"niceplease like and comment, thanks!","text":"niceplease like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/139009602","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4399555,"gmtCreate":1621571511252,"gmtModify":1635403820692,"authorId":3576220386239608,"author":{"id":3576220386239608,"idStr":"3576220386239608","authorId":3576220386239608,"name":"TTH4Legs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139009602,"type":1,"supId":0,"prevId":0,"content":"Done. reply pls","text":"Done. reply pls","html":"Done. reply pls"},{"id":4400847,"gmtCreate":1621583602031,"gmtModify":1635403715482,"authorId":3560204717545571,"author":{"id":3560204717545571,"idStr":"3560204717545571","authorId":3560204717545571,"name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139009602,"type":1,"supId":4399555,"prevId":0,"content":"pls reply back. tks!","text":"pls reply back. tks!","html":"pls reply back. tks!"},{"id":4412208,"gmtCreate":1621673978692,"gmtModify":1635402778426,"authorId":3576220386239608,"author":{"id":3576220386239608,"idStr":"3576220386239608","authorId":3576220386239608,"name":"TTH4Legs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139009602,"type":1,"supId":4399555,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":130772004,"gmtCreate":1621570628508,"gmtModify":1631891329502,"author":{"id":"3577406635461406","authorId":"3577406635461406","name":"hkartadi","avatar":"https://static.tigerbbs.com/5febd0360851f65ce6ec21f1e99ca967","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577406635461406","authorIdStr":"3577406635461406"},"htmlText":"And the logic behind tencent shares go down andearning&nbsp;beat expectation is?","listText":"And the logic behind tencent shares go down andearning&nbsp;beat expectation is?","text":"And the logic behind tencent shares go down andearning beat expectation is?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130772004","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":130778069,"gmtCreate":1621570534851,"gmtModify":1634187986379,"author":{"id":"3579166997546108","authorId":"3579166997546108","name":"MochiMama","avatar":"https://static.tigerbbs.com/b02cba851ffc5d8be520010c7a579eb4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579166997546108","authorIdStr":"3579166997546108"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/130778069","repostId":2137972546,"repostType":4,"repost":{"id":"2137972546","kind":"news","pubTimestamp":1621566787,"share":"https://ttm.financial/m/news/2137972546?lang=&edition=full","pubTime":"2021-05-21 11:13","market":"hk","language":"en","title":"Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2137972546","media":"BLOOMBERG","summary":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Frid","content":"<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong's Hang Seng Index takes first steps in biggest-ever overhaul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong's Hang Seng Index takes first steps in biggest-ever overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul><strong>BLOOMBERG</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","00939":"建设银行","03143":"华夏香港银行股","00700":"腾讯控股"},"source_url":"http://www.straitstimes.com/business/companies-markets/hong-kongs-hang-seng-index-takes-first-steps-in-biggest-ever-overhaul","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137972546","content_text":"HONG KONG (BLOOMBERG) - A wide-ranging overhaul of Hong Kong's equity benchmark is set to begin Friday (May 21), marking the first step to diversify the financials-heavy index.The quarterly review is the first since Hang Seng Indexes Co. announced its biggest-ever overhaul in March, which includes boosting the total number of components to 80 from 55 by mid-2022, adding firms from underweight sectors and reducing the impact of the city's biggest companies.The changes are expected to be made over the course of five quarterly reviews.HSI's compiler has been looking to lower the weight of financial stocks in the index to better represent the stock market, where the technology sector overtook financials to become Hong Kong's biggest sector by market value in 2019.AIA Group and Tencent currently have the heaviest weighting on the gauge at around 10 per cent each.A chase for cyclical and value stocks in recent months has made these changes more timely, with the weight of financials in the gauge rising since February. Analysts expect the first batch of new HSI constituents will be selected from industries that are currently under-represented, such as consumer and healthcare sectors.\"Balancing the weight of different industries could be a key priority in Hang Seng's early moves in the reshuffle,\" said CGS-CIMB analyst Chi Man Wong.But \"it's unlikely for them to add technology stocks in the first round, as the tech sector already has a relatively big weight in the index.\"About US$16 billion (S$21.3 billion) worth of exchange traded funds track the HSI, according to data compiled by Bloomberg. The changes to be announced on Friday will take effect from the market open on June 7.NEW JOINERSHang Seng is expected to add five stocks every quarter through mid-2022 in order to reduce market volatility, said CCB International Securities head of strategy Cliff Zhao. Companies likely to be added include JD Health International, a recently-listed drug store operator, and Chinese apparel retailer Li Ning, according to analysts at CGS-CIMB, CCB International and UOB Kay Hian (Hong Kong).CICC's picks include some of the biggest companies by market value, including JD.com and NetEase. Analysts including Hanfeng Wang say chances of inclusion are good for China Resources Beer and infant milk powder producer China Feihe.With technology stocks underperforming in the past three months, the addition of names from the sector could become a drag on the gauge.Hong Kong has been one of the worst-performing equity markets globally since its February high, shedding 8.5 per cent while the tech sector has lost 28 per cent.CCB's Zhao says Hang Seng could cut Bank of Communications to lower the weight of Chinese banks. The relatively less-traded AAC Technologies and Hengan International Group could also get removed.Hang Seng is also expected to lower the maximum weighting for a single stock to 8 per cent from 10 per cent. That means the index's current biggest members - AIA, Tencent and HSBC, all of which have a weighting of over 8 per cent - will see their influence in the benchmark drop. Analysts say that should occur during this rebalancing.About HK$2.85 billion worth of passive funds is expected to flow out of Tencent, and around the same from AIA, according to calculations by CGS-CIMB.Alibaba Group might see its weight rise to 8 per cent from the current 5 per cent, attracting about HK$4.6 billion (S$789 million) worth of inflows, while Chinese delivery giant Meituan could also see its weight boosted to nearly 8 per cent, according to CGS-CIMB.","news_type":1,"symbols_score_info":{"00700":0.9,"00939":0.9,"03143":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4399433,"gmtCreate":1621570833030,"gmtModify":1635403831926,"authorId":3573639773544520,"author":{"id":3573639773544520,"idStr":"3573639773544520","authorId":3573639773544520,"name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130778069,"type":1,"supId":0,"prevId":0,"content":"like and comment too!","text":"like and comment too!","html":"like and comment too!"},{"id":4400849,"gmtCreate":1621583607747,"gmtModify":1635403715271,"authorId":3560204717545571,"author":{"id":3560204717545571,"idStr":"3560204717545571","authorId":3560204717545571,"name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130778069,"type":1,"supId":4399433,"prevId":0,"content":"pls reply back. tks!","text":"pls reply back. tks!","html":"pls reply back. tks!"},{"id":4401027,"gmtCreate":1621584909913,"gmtModify":1635403698923,"authorId":3576550818064904,"author":{"id":3576550818064904,"idStr":"3576550818064904","authorId":3576550818064904,"name":"Runningdown","avatar":"https://static.tigerbbs.com/ef91444757abfa72f3ede25e971f5398","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130778069,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":99,"commentSize":26,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}