Hang Seng Indexes announced an update to the methodology of the Hang Seng Hong Kong-U.S. Technology Index, which will include Space Exploration Technologies Corp. ("SpaceX," stock symbol: SPCX.O) in the designated U.S. constituent list, currently comprising the "Magnificent Seven" tech giants. The weightings of the eight U.S.-listed constituents will be recalculated to equal weight after the close of trading on SpaceX's seventh trading day. The new constituent and the updated constituent weightings will take effect on SpaceX's eleventh trading day. These changes are contingent upon SpaceX's confirmed listing.
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