HongKong

Budweiser, Anta Sports and food delivery giant Meituan get green light to join Hong Kong’s benchmark Hang Seng Index




Chinese online food delivery giant Meituan will become a major constituent of the Hang Seng Index from December 7, in a long-awaited move that will further raise the status of technology companies in Asia’s third-largest stock market.Sportswear maker Anta Sports and Budweiser Brewing Company APAC will also become component stocks of Hong Kong’s benchmark shares gauge, index compiler Hang Seng Indexes said in a statement on Friday. The latest quarterly “rebalancing” takes the number of…



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.