CATL, CMOC, Laopu Gold to Join Hong Kong’s Stock Benchmark Index
A Laopu Gold store in Hong Kong.
Photographer: Lam Yik/BloombergHang Seng Indexes Co. is adding electric-vehicle battery-maker Contemporary Amperex Technology Co., miner CMOC Group Ltd. and jeweler Laopu Gold Co. to Hong Kong’s equity benchmark gauge, the index compiler said following its quarterly review.
Meanwhile, it will remove auto retailer Zhongsheng Group Holdings Ltd., bringing the number of members on the gauge to 90, up from 88, according to a statement on Friday. The changes will take effect from March 9.