Hong Kong index to add Kuaishou and remove New World Development

Hong Kong's Hang Seng Index is set to undergo changes in its composition, with Kuaishou Technology and New Oriental Education & Technology Group Inc. being added, while New World Development Co. will be removed. This adjustment is a result of the index's quarterly review.

The inclusion of Kuaishou and New Oriental reflects the dynamic nature of Hong Kong's financial environment and ongoing shifts in the market landscape.

The total number of members in the benchmark index will increase from 82 to 83. This demonstrates the evolving nature of the Hong Kong market and the need for regular reviews to ensure the index accurately represents the current market conditions.

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