The headquarters of China’s developer Place Backyard Holdings in Foshan, in China’s southern Guangdong province.
STR | AFP | Getty Photographs
Chinese authentic estate company Country Garden Holdings is established to be removed from Hong Kong’s Hang Seng Index on Sept. 4.
The determination will come just after the benchmark’s hottest quarterly overview. The index’s operator claimed State Garden will be replaced by pharmaceutical firm Sinopharm.
Assets management firm and affiliate Nation Garden Services Holdings will also be eradicated from the Dangle Seng China Enterprises Index. It will be changed by on the net vacation agency Trip.com.
The Hang Seng China Enterprises Index serves as a benchmark that displays the general general performance of mainland securities listed in Hong Kong.
