Traders are looking for fresh momentum in Hong Kong’s stock market after a boost from China’s stimulus-led rally in September. The Hang Seng Index has fallen about 17% from an October peak and closed down 1.9% on Nov 22.
Kuaishou Technology and New Oriental Education & Technology Group will be added to Hong Kong’s Hang Seng Index and New World Development removed following a quarterly review, according to a statement from the index compiler.
The number of members on the benchmark will rise to 83 from 82, Hang Seng Indexes said on Nov 22.
