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Pop Mart, health-care stocks lead Hang Seng Index contenders

Biyun Song / Bloomberg
Biyun Song / Bloomberg • 2 min read
Pop Mart, health-care stocks lead Hang Seng Index contenders
The review is closely watched as a signal of which listed companies have excelled across key metrics, such as market capitalisation and turnover / Photo: Bloomberg
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Hang Seng Indexes Co is likely adding Labubu doll-maker Pop Mart International Group and several health-care firms to its Hong Kong stock benchmark, analysts say.

Pop Mart has been a frequent contender for inclusion in the Hang Seng Index, with its market capitalisation more than tripling this year amid strong demand for its toys and figurines. Health-care stocks have also gained momentum, driven by breakthroughs and overseas partnerships that have lifted sector performance. The results of the quarterly review are expected to be released after the market closes on Friday.

The review is closely watched as a signal of which listed companies have excelled across key metrics, such as market capitalisation and turnover. Inclusion can attract investments from index-tracking funds at a time when mainland investors’ appetite has made the HSI one of the world’s top-performing major stock gauges.

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