SYNAGISTICS (02562) has been included in the Hang Seng Composite Index constituents as well as the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect schemes.
Lion Rock Holdings (02562) announced that the company has been selected and included in the Hang Seng Composite Index by Hang Seng Indexes Company Limited.
Synagistics (02562) announced that the company has been selected and included in the Hang Seng Composite Index by Hang Seng Indexes Limited, and the company's shares have been included in the Stock Connect and Shanghai-Hong Kong Connect programs. The above matters will take effect from March 10, 2025.
The Hang Seng Composite Index provides a comprehensive benchmark for the Hong Kong market, covering the top 95% of companies listed on the Main Board of the Hong Kong Stock Exchange by total market value. It can be used as a benchmark for index funds, mutual funds, and performance measurement.
After the company's shares are included in the Stock Connect and Shanghai-Hong Kong Connect programs, qualified investors from mainland China will be able to trade the company's shares directly.
The Board of Directors believes that the company's inclusion in the Hang Seng Composite Index and the Stock Connect and Shanghai-Hong Kong Connect programs reflect the high recognition of the company's business performance and value by the capital market. This will help expand the company's shareholder base and enhance the liquidity of its shares, thereby increasing the company's investment value and reputation in the capital market. In addition, as the company continues to expand its business footprint in various markets including Greater China, creating opportunities for customers, partners, and investors to participate in the company's innovative digital solutions and AI transformation, the inclusion of the company's shares in the Stock Connect and Shanghai-Hong Kong Connect programs allows mainland Chinese investors to participate in the company's development.
The Board of Directors hereby express their gratitude to the company's shareholders and investors for their continuous support. The company will continue to develop its business to maximize the value for shareholders.
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