INNOSCIENCE (02577) has been included in the Hang Seng Composite Index.

date
24/02/2025
avatar
GMT Eight
INNOSCIENCE (02577) announced that the company has been selected and will be included in the Hang Seng Composite Index, effective from March 10, 2025. The Hang Seng Composite Index provides a comprehensive benchmark for the Hong Kong market, covering the top 95% of securities listed on the Main Board of the Hong Kong Stock Exchange by total market capitalization. The index is calculated using free float market capitalization weighting and serves as a benchmark for index funds, mutual funds, and performance measurement. After being included in the Hang Seng Composite Index, the company's stock is expected to meet the inclusion criteria for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect trading programs. These programs provide channels for stock trading and investment between investors in Hong Kong and mainland China. The Board of Directors believes that the company's inclusion in the Hang Seng Composite Index reflects market recognition of the company's positive business performance and growth prospects, and expects that inclusion in the index will expand the shareholder base and increase the trading liquidity of the company's shares, thereby enhancing the company's investment value and reputation in the capital market.

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