(Hong Kong, 18 Aug 2023) – Hang Seng Indexes Company Limited ('Hang Seng Indexes Company') today announced the results of its review of the Hang Seng Family of Indexes for the quarter ended 30 June 2023. All changes will take effect on 4 September 2023 (Monday). 1. Hang Seng Index The following constituent changes will be made to the Hang Seng Index. The total number of constituents remains unchanged at 80. Inclusion:CodeCompany1099Sinopharm Group Co. Ltd. – H shares Removal:CodeCompany2007Country Garden Holdings Co. Ltd. The list of constituents is provided in Appendix 1. 2. Hang Seng China Enterprises Index The following constituent changes will be made to the Hang Seng China Enterprises Index. The total number of constituents remains unchanged at 50. Inclusion:CodeCompany9961Trip.com Group Ltd. – S Removal:CodeCompany6098Country Garden Services Holdings Co. Ltd. The list of constituents is provided in Appendix 2....
2023
-
08
-
21
The policy toolbox of 'revitalizing the capital market and boosting investor confidence' presents three major policies.On August 27th, the China Securities Regulatory Commission stated that based on recent market conditions, the pace of IPO will be gradually tightened to promote dynamic balance between investment and financing; For large-scale refinancing of listed companies in the financial industry or other industries with large market capitalization, implement a pre communication mechanism, pay attention to the necessity of financing and the timing of issuance.At the same time, further standardize the reduction of shares. If a listed company has a situation of breaking through or breaking through its net assets, or has not received cash dividends in the past three years, and the cumulative cash dividends are less than 30% of the average annual net profit in the past three years, the controlling shareholder or actual controller shall not reduce their holdings of the company&#...
2023
-
08
-
28
![Weekly Financial Summary 2023-09-04]( "Weekly Financial Summary 2023-09-04")
Financial attentionMacroeconomics1. Central Bank Mu Changchun: To achieve the use of digital RMB as a payment tool in all retail scenarios. Wallet providers such as WeChat, Alipay, the commercial bank Palm APP as an operating agency, and the APP of other third-party payment institutions should have a sense of compliance, obtain corresponding financial licenses, and obey supervision. In the short term, it is possible to unify the QR code standard from a technical perspective and achieve barcode mutual recognition.2. Zheng Wei from the State Administration of Foreign Exchange: In the first half of the year, the cross-border capital flow of capital projects stabilized and improved, and foreign capital showed a net inflow trend. Foreign capital net purchases of domestic stocks and bonds increased, with foreign capital net purchases of nearly 79 billion US dollars in domestic bonds.3. Xinhua News Agency: Since September 2nd, most areas of Wuzhou, Yulin, Guigang, and other cities in Guangxi ...
2023
-
09
-
04
On September 6th, Jiao Jinhong, the chief lawyer of the China Securities Regulatory Commission, stated at the 2nd Financial Street Asset Management Forum that currently, the Commission has focused on high-quality development and the construction of a modern capital market system with Chinese characteristics, and has preliminarily formed a policy framework of '1+N+X'. This marks the beginning of a new round of deepening reform and opening up in the capital market.There are two 'N's' among them, Jiao Jinhong said. One' N 'is to formulate and implement an action plan for the reform of the capital market investment side, and the other' N 'is to formulate and implement an action plan for the construction of a modern industrial system through capital market services.Two options are pendingAccording to Jiao Jinhong, the focus of the action plan for capital market investment side reform is to persistently and vigorously develop equity funds, focus on improvi...
2023
-
09
-
11
Financial attentionMacroeconomics1. Xinhua News Agency: The two-day 'Group of 77 and China' summit closed on September 16th in the capital of Cuba, Havana. The summit passed the Havana Declaration, calling for comprehensive reform of the international financial structure and the construction of a more inclusive and coordinated global economic governance pattern. In addition, through a separate statement, Mexico was agreed to rejoin the 'Group of 77 and China' mechanism.2. Ministry of Public Security: Yunnan public security organs were deployed to strengthen border police cooperation, and continued to carry out multiple rounds of combat operations. 1482 fraud related suspect were handed over to us. On September 16, the public security organs in Pu'er, Yunnan continued to carry out border police cooperation, and 109 suspect of telecom network fraud and a number of crime tools were handed over to us, including 11 fugitives online, forming a continuous strike trend.3. C...
2023
-
09
-
18
Financial attentionMacroeconomics1. Premier Li Qiang of the State Council: China's economy is at a critical juncture of high-quality development and must further enhance development confidence and maintain a focus on transformation and upgrading. The rapid development of specialized and innovative enterprises fully reflects the strong resilience and vitality of China's economy. For specialized, refined, and innovative enterprises, innovation is the soul. We hope that everyone can focus on their main business, grasp the green mountains, and hone their internal skills, vigorously promote technological innovation, adhere to the path of intensive cultivation, continuously transform towards high-end, intelligent, and green development, and climb towards the high-end of the industrial chain innovation chain value chain.2. Ministry of Commerce: From January to August, foreign non-financial direct investment reached 585.61 billion yuan, a year-on-year increase of 18.8%. The non-financi...
2023
-
09
-
25