Xiaomi Gets into Hang Seng's New Tech Index Roster
Hang Seng Indexes confirmed to launch the Hang Seng Tech Index on July 27. Companies that are included in the index are highly technology-related, covering IT, fintech, cloud service and e-commerce.
Xiaomi Corp. (01810:HKEX), as the top 5 smartphone vendors around the world in terms of total shipments is included in the new index with the fourth largest weight at 8.11%, followed by Alibaba (009988:HKEX, BABA:NASDAQ), Tencent (00700:HKEX) and Meituan (03690:HKEX).
This text is a result of machine translation.
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