These Are the Winners and Losers of the Hang Seng Index Revamp

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These Are the Winners and Losers of the Hang Seng Index Revamp

Bloomberg2021-03-02

One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...

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mistyzenz
·2021-03-02
loading time?
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EmmanuelQeen
·2021-03-02
Pls like my comment. Tqtq!
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夜裡精靈
·2021-03-02
Like
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IamBolt
·2021-03-02
Good read
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- ExodusX:
  Bump
  2021-03-02
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Jassss
·2021-03-02
Follow
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1
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ZhiLing
·2021-03-02
ok
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Aaronykc
·2021-03-02
Good read
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Timtan85
·2021-03-02
Yes
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Couragesther
·2021-03-02
Bought into this hopefully stabilises. Help comment please
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木吉蒂
·2021-03-02
SGX ought to follow as currently STI is heavily weighted by the Banks
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- 小陈赢钱:
  STI is hopelesS
  2021-03-02
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BLMJ
·2021-03-02
Asia>America
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Zarkness
·2021-03-02
It’s for the short term , in the long term the stock didn’t change in directions and management still same. So don’t worry too much unless ur fund / portfolio manager . Pls like and comment. Xiexie ni :)
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- Zarkness:
  Agree!!
  2021-03-05
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- 木吉蒂:
  HKEX will proactively weed out the non-performers and replace with a more "faddish" counter... similar to US exchanges... then index will have little downside but maximum upside... [开心]
  2021-03-02
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imterence
·2021-03-02
Time to load up on BABA DLC
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夜裡精靈
·2021-03-02
[驚訝]
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2
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gabrielteo
·2021-03-02
I want to be winner!!!
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ProLim
·2021-03-02
Nice
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xiaobaii
·2021-03-02
Kindly Give Me A Like & A Comment Please, Thank You Very Much!
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4
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- 夜裡精靈:
  Reply me too. Tq
  2021-03-02
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LEEQF
·2021-03-02
Who are the winners?
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nakazatous
·2021-03-02
Like my comment
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- nakazatous:
  Ok
  2021-03-03
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- xiaobaii:
  Kindly Give Me A Like & A Comment Please, Thank You Very Much!
  2021-03-02
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- nakazatous:
  Nice..
  2021-03-02
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AEiOU
·2021-03-02
Good for HSI
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The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","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":1},"commentList":[{"id":365037872,"gmtCreate":1614677836796,"gmtModify":1704773890574,"author":{"id":"3561962801944040","authorId":"3561962801944040","name":"mistyzenz","avatar":"https://static.tigerbbs.com/b6ce5e71746857498b3364479f136e14","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":4,"crmLevelSwitch":0,"idStr":"3561962801944040","authorIdStr":"3561962801944040"},"htmlText":"loading time?&nbsp;","listText":"loading time?&nbsp;","text":"loading time?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365037872","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362746932,"gmtCreate":1614673672526,"gmtModify":1704773832820,"author":{"id":"3569477879515338","authorId":"3569477879515338","name":"EmmanuelQeen","avatar":"https://static.tigerbbs.com/229c717db2c50af149c3454594cc38dd","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569477879515338","authorIdStr":"3569477879515338"},"htmlText":"Pls like my comment. Tqtq!","listText":"Pls like my comment. Tqtq!","text":"Pls like my comment. Tqtq!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362746932","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362476661,"gmtCreate":1614663431653,"gmtModify":1704773710072,"author":{"id":"3573696373126010","authorId":"3573696373126010","name":"夜裡精靈","avatar":"https://static.tigerbbs.com/ac6266748095c04f49b888884069d798","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573696373126010","authorIdStr":"3573696373126010"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362476661","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362454561,"gmtCreate":1614661522953,"gmtModify":1704773687602,"author":{"id":"3577616645019427","authorId":"3577616645019427","name":"IamBolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577616645019427","authorIdStr":"3577616645019427"},"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362454561","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3695162,"gmtCreate":1614665323648,"gmtModify":1680778840814,"authorId":3576063635462913,"author":{"id":3576063635462913,"idStr":"3576063635462913","authorId":3576063635462913,"name":"ExodusX","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362454561,"type":1,"supId":0,"prevId":0,"content":"Bump","text":"Bump","html":"Bump"}],"langContent":"EN"},{"id":362451206,"gmtCreate":1614661071905,"gmtModify":1704773680444,"author":{"id":"3574244375315958","authorId":"3574244375315958","name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574244375315958","authorIdStr":"3574244375315958"},"htmlText":"Follow","listText":"Follow","text":"Follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362451206","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362459058,"gmtCreate":1614660794874,"gmtModify":1704773676231,"author":{"id":"3557823792637532","authorId":"3557823792637532","name":"ZhiLing","avatar":"https://static.tigerbbs.com/40d052b9f7db59b50f72a3cbcbc99234","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3557823792637532","authorIdStr":"3557823792637532"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362459058","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362422051,"gmtCreate":1614660113373,"gmtModify":1704773668737,"author":{"id":"3571535693267201","authorId":"3571535693267201","name":"Aaronykc","avatar":"https://static.tigerbbs.com/a6fb0a4f08d4e7b8733e7ebc2445aad5","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3571535693267201","authorIdStr":"3571535693267201"},"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362422051","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362420232,"gmtCreate":1614659478026,"gmtModify":1704773661052,"author":{"id":"3573460795152662","authorId":"3573460795152662","name":"Timtan85","avatar":"https://static.tigerbbs.com/5ac241a703d94ceba483abb0655d0b6b","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3573460795152662","authorIdStr":"3573460795152662"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362420232","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362462656,"gmtCreate":1614659068175,"gmtModify":1704773655361,"author":{"id":"3557433279201512","authorId":"3557433279201512","name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3557433279201512","authorIdStr":"3557433279201512"},"htmlText":"Bought into this hopefully stabilises. Help comment please&nbsp;","listText":"Bought into this hopefully stabilises. Help comment please&nbsp;","text":"Bought into this hopefully stabilises. Help comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362462656","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362462165,"gmtCreate":1614659047257,"gmtModify":1704773657631,"author":{"id":"3577229760496516","authorId":"3577229760496516","name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3577229760496516","authorIdStr":"3577229760496516"},"htmlText":"SGX ought to follow as currently STI is heavily weighted by the Banks","listText":"SGX ought to follow as currently STI is heavily weighted by the Banks","text":"SGX ought to follow as currently STI is heavily weighted by the Banks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362462165","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3695086,"gmtCreate":1614664615976,"gmtModify":1680778836516,"authorId":3572077771641681,"author":{"id":3572077771641681,"idStr":"3572077771641681","authorId":3572077771641681,"name":"小陈赢钱","avatar":"https://static.tigerbbs.com/430277e578b109f237b00d863737931d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362462165,"type":1,"supId":0,"prevId":0,"content":"STI is hopelesS","text":"STI is hopelesS","html":"STI is hopelesS"}],"langContent":"EN"},{"id":362466584,"gmtCreate":1614658991748,"gmtModify":1704773654070,"author":{"id":"3554847571879592","authorId":"3554847571879592","name":"BLMJ","avatar":"https://static.tigerbbs.com/9944d8556a10ec8933033bf4a3d557b5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3554847571879592","authorIdStr":"3554847571879592"},"htmlText":"Asia&gt;America","listText":"Asia&gt;America","text":"Asia>America","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362466584","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362461515,"gmtCreate":1614658892937,"gmtModify":1704773650502,"author":{"id":"3572916667219493","authorId":"3572916667219493","name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572916667219493","authorIdStr":"3572916667219493"},"htmlText":"It’s for the short term , in the long term the stock didn’t change in directions and management still same. So don’t worry too much unless ur fund / portfolio&nbsp;manager . Pls like and comment. Xiexie ni :)","listText":"It’s for the short term , in the long term the stock didn’t change in directions and management still same. So don’t worry too much unless ur fund / portfolio&nbsp;manager . Pls like and comment. Xiexie ni :)","text":"It’s for the short term , in the long term the stock didn’t change in directions and management still same. So don’t worry too much unless ur fund / portfolio manager . Pls like and comment. Xiexie ni :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/362461515","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3722984,"gmtCreate":1614939040195,"gmtModify":1680779267008,"authorId":3572916667219493,"author":{"id":3572916667219493,"idStr":"3572916667219493","authorId":3572916667219493,"name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362461515,"type":1,"supId":3694614,"prevId":0,"content":"Agree!!","text":"Agree!!","html":"Agree!!"},{"id":3694614,"gmtCreate":1614659204991,"gmtModify":1680778833122,"authorId":3577229760496516,"author":{"id":3577229760496516,"idStr":"3577229760496516","authorId":3577229760496516,"name":"木吉蒂","avatar":"https://static.tigerbbs.com/89290f2c42589f1e42296c61dde71238","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.22","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362461515,"type":1,"supId":0,"prevId":0,"content":"HKEX will proactively weed out the non-performers and replace with a more \"faddish\" counter... similar to US exchanges... then index will have little downside but maximum upside...  [开心]","text":"HKEX will proactively weed out the non-performers and replace with a more \"faddish\" counter... similar to US exchanges... then index will have little downside but maximum upside...  [开心]","html":"HKEX will proactively weed out the non-performers and replace with a more \"faddish\" counter... similar to US exchanges... then index will have little downside but maximum upside...  [开心]"}],"langContent":"EN"},{"id":362469124,"gmtCreate":1614658748868,"gmtModify":1704773647266,"author":{"id":"3572591495727549","authorId":"3572591495727549","name":"imterence","avatar":"https://static.tigerbbs.com/cdea2fa717c48f518b9be9b2fcc0af59","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":6,"crmLevelSwitch":0,"idStr":"3572591495727549","authorIdStr":"3572591495727549"},"htmlText":"Time to load up on BABA DLC","listText":"Time to load up on BABA DLC","text":"Time to load up on BABA DLC","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362469124","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362484320,"gmtCreate":1614658577360,"gmtModify":1704773642257,"author":{"id":"3573696373126010","authorId":"3573696373126010","name":"夜裡精靈","avatar":"https://static.tigerbbs.com/ac6266748095c04f49b888884069d798","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573696373126010","authorIdStr":"3573696373126010"},"htmlText":"[驚訝]&nbsp;","listText":"[驚訝]&nbsp;","text":"[驚訝]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362484320","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":362485218,"gmtCreate":1614658546434,"gmtModify":1704773641774,"author":{"id":"3574382626951879","authorId":"3574382626951879","name":"gabrielteo","avatar":"https://static.tigerbbs.com/adbaa4aaf497e6523199049f0ad42d1c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574382626951879","authorIdStr":"3574382626951879"},"htmlText":"I want to be winner!!!&nbsp;","listText":"I want to be winner!!!&nbsp;","text":"I want to be winner!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362485218","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362485159,"gmtCreate":1614658523671,"gmtModify":1704773641289,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572498650193459","authorIdStr":"3572498650193459"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362485159","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362482578,"gmtCreate":1614658471394,"gmtModify":1704773640317,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"Kindly Give Me A Like &amp; A Comment Please, Thank You Very Much!","listText":"Kindly Give Me A Like &amp; A Comment Please, Thank You Very Much!","text":"Kindly Give Me A Like & A Comment Please, Thank You Very Much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362482578","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3694550,"gmtCreate":1614658593604,"gmtModify":1680778832237,"authorId":3573696373126010,"author":{"id":3573696373126010,"idStr":"3573696373126010","authorId":3573696373126010,"name":"夜裡精靈","avatar":"https://static.tigerbbs.com/ac6266748095c04f49b888884069d798","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362482578,"type":1,"supId":0,"prevId":0,"content":"Reply me too. Tq","text":"Reply me too. Tq","html":"Reply me too. Tq"}],"langContent":"EN"},{"id":362411437,"gmtCreate":1614656991429,"gmtModify":1704773622448,"author":{"id":"3572235673675008","authorId":"3572235673675008","name":"LEEQF","avatar":"https://static.tigerbbs.com/ead66a2c538631d15658309f808c7d40","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572235673675008","authorIdStr":"3572235673675008"},"htmlText":"Who are the winners?&nbsp;","listText":"Who are the winners?&nbsp;","text":"Who are the winners?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362411437","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362419091,"gmtCreate":1614656654813,"gmtModify":1704773617914,"author":{"id":"3570519374633708","authorId":"3570519374633708","name":"nakazatous","avatar":"https://static.tigerbbs.com/9ac34656b654252df0f82999785e92ae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570519374633708","authorIdStr":"3570519374633708"},"htmlText":"Like my comment","listText":"Like my comment","text":"Like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/362419091","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3703858,"gmtCreate":1614758833650,"gmtModify":1680778975967,"authorId":3570519374633708,"author":{"id":3570519374633708,"idStr":"3570519374633708","authorId":3570519374633708,"name":"nakazatous","avatar":"https://static.tigerbbs.com/9ac34656b654252df0f82999785e92ae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362419091,"type":1,"supId":3694540,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":3694540,"gmtCreate":1614658464460,"gmtModify":1680778830835,"authorId":3571345352614779,"author":{"id":3571345352614779,"idStr":"3571345352614779","authorId":3571345352614779,"name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362419091,"type":1,"supId":0,"prevId":0,"content":"Kindly Give Me A Like &amp; A Comment Please, Thank You Very Much!","text":"Kindly Give Me A Like &amp; A Comment Please, Thank You Very Much!","html":"Kindly Give Me A Like &amp; A Comment Please, Thank You Very Much!"},{"id":3694900,"gmtCreate":1614662356439,"gmtModify":1680778827307,"authorId":3570519374633708,"author":{"id":3570519374633708,"idStr":"3570519374633708","authorId":3570519374633708,"name":"nakazatous","avatar":"https://static.tigerbbs.com/9ac34656b654252df0f82999785e92ae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362419091,"type":1,"supId":3694540,"prevId":0,"content":"Nice..","text":"Nice..","html":"Nice.."}],"langContent":"EN"},{"id":362494902,"gmtCreate":1614655148506,"gmtModify":1704773599085,"author":{"id":"3576626125228955","authorId":"3576626125228955","name":"AEiOU","avatar":"https://static.tigerbbs.com/ea03e3a22613420350093875da5b4154","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576626125228955","authorIdStr":"3576626125228955"},"htmlText":"Good for HSI","listText":"Good for HSI","text":"Good for HSI","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362494902","repostId":1165564263,"repostType":4,"repost":{"id":"1165564263","kind":"news","pubTimestamp":1614654077,"share":"https://ttm.financial/m/news/1165564263?lang=&edition=fundamental","pubTime":"2021-03-02 11:01","market":"sg","language":"en","title":"These Are the Winners and Losers of the Hang Seng Index Revamp","url":"https://stock-news.laohu8.com/highlight/detail?id=1165564263","media":"Bloomberg","summary":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of ","content":"<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of&nbsp;Alibaba Group Holding Ltd.and&nbsp;Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.</p><p>The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.<img src=\"https://static.tigerbbs.com/6b8f58f1dd314a197a6746d365e27afa\" tg-width=\"659\" tg-height=\"563\" referrerpolicy=\"no-referrer\">Winners</p><ul><li>Firms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.</li><li>Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.</li><li>The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”</li><li><p>A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.</p><p>“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.</p></li></ul><p>Losers</p><ul><li>Under the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.</li><li>Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.</li><li>Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.</li><li>Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.</li><li>“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”</li></ul>","source":"lsy1584095487587","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>These Are the Winners and Losers of the Hang Seng Index Revamp</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nThese Are the Winners and Losers of the Hang Seng Index Revamp\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia\">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"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-02/alibaba-among-stocks-to-benefit-from-hang-seng-index-revamp?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165564263","content_text":"One of the biggest-ever revamps for Hong Kong’s benchmark Hang Seng Index will benefit the likes of Alibaba Group Holding Ltd.and Xiaomi Corp.while some current heavyweights could face selling pressure, say analysts and fund managers.The wide-ranging overhauls to the gauge include increasing the number of constituents to 80 and limiting a stock’s weighting to 8%, Hang Seng Indexes Co. said in a statement on Monday. The revamp also shortens the listing history requirement for a company to be included. Implementation of the changes will begin as early as the May index review and go through mid-2022.WinnersFirms that are secondary-listed or carry unequal voting rights, includingAlibaba Group Holding Ltd., Xiaomi Corp. and Meituan, will no longer be limited to 5% weightings on the index.Consumer and health-care related stocks would see their sector weightings increase by 4 percentage points and 3 percentage points respectively at the expense of the financial sector, according to a research note by Goldman Sachs strategists including Si Fu.The revamp is seen as good news for ETF providers, as more funds are expected to be lured to track the index. Goldman expects passive funds tracking the gauge to grow to $25 billion from the current $20 billion, “providing scope to bring additional inflows to all the index constituents.”A more diversified membership and a higher weight of new-economy stocks will help the index performance as a whole, according to fund managers.“As more new-economy firms join, the index is likely to test the level of 40,000 in the future,” said Paul Pong, managing director at Pegasus Fund Managers Ltd.LosersUnder the new weighting cap, stocks that currently have a larger presence on the index could face redemptions by the passive funds, which could affectTencent Holdings Ltd.,AIA Group Ltd.andHSBC Holdings Plc., according to CGS-CIMB Securities International Pte and Everbright Sun Hung Kai Co.Tencent could also potentially be pressured as the index opensup tomore Chinese technology firms, according to Pegasus Fund Managers’ Paul Pong, given that newly listed companies such asKuaishou TechnologyandJD Health International Inc. could win inclusion at a faster pace than before under the new requirement of 3 months of listing history.Hong Kong’s local firms face a battle to preserve their weight in the index, with their number to be evaluated at least every two years. Goldman Sachs says the aggregate weighting of local firms could fall from 40% to 32%, as mainland firms’ weighting increases.Potential deletions includeBank Of Communications Co.,China Life Insurance Co.,WH GroupandHengan International Group, according to Smartkarma.“The biggest losers probably would be in finance or banking sectors, as they are the heaviest constituent stocks in Hang Seng index now,” said Edison Pun, senior market analyst at Saxo Markets Hong Kong. “With the adjustment, their importance would be greatly reduced.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":103,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}