Latest Search
Quote
| Back Zoom + Zoom - | |
|
HSI Quarterly Review Results After Close; Analysts See KNOWLEDGE ATLAS, MINIMAX-W May be Added to HSTECH
Recommend 36 Positive 70 Negative 34 |
|
|
|
|
Hang Seng Indexes Company will unveil the results of its quarterly review after market close today (22nd). KNOWLEDGE ATLAS (02513.HK) and MINIMAX-W (00100.HK), after notching spikes in their market caps, are viewed as strong contenders for inclusion in the Hang Seng Tech Index and the Composite Index, Bloomberg reported, citing analysts. Since their listings in January, both stocks have proliferated by at least 300%. Under the fast entry rule, if included in the index, KNOWLEDGE ATLAS could become eligible for Southbound Stock Connect trading as early as June 8. However, in view of stricter requirements for companies with weighted voting rights (WVRs), MINIMAX-W may not meet the criteria until August. KNOWLEDGE ATLAS could attract between HKD51 billion and HKD92 billion in southbound capital inflows, Bloomberg Intelligence estimated, while MINIMAX-W could gulped up to HKD47 billion. Willer Chen, an analyst at Mizuho Securities, said BEONE MEDICINES (06160.HK), BEKE-W (02423.HK), ZHAOJIN MINING (01818.HK) and YUM CHINA (09987.HK) are likely candidates for inclusion in the HSI. He added that AKESO (09926.HK) may join the HSCEI, while SUNNY OPTICAL (02382.HK) could be removed. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
|
