Quarterly forecast for the Hang Seng Index: Zijin Gold International (02259) takes the lead, three Hong Kong-listed companies are eager to try.

As the second largest IPO project in the world in the past 25 years, ZIJIN GOLD INTL (02259) received some good news on October 2nd. According to the Hang Seng Comprehensive Index Fast Entry Rules, ZIJIN GOLD INTL will be included in the Hang Seng Comprehensive Index after the market close on October 15, 2025 (Wednesday), and will take effect from October 16, 2025 (Thursday). Based on this, the company is expected to enter the Hong Kong Stock Connect on the 16th. The mechanism triggered by ZIJIN GOLD INTL is, "If a new stock ranks in the top 10% by market value at the end of the first trading day among the existing component stocks of the Hang Seng Composite Index, the new stock will be included, and the new stock will be added on the 10th trading day after the company is listed." There is another rule in the Hang Seng Composite Index Fast Entry Mechanism, which states, "If securities listed in the first and third quarters meet the market value requirements of the Hang Seng Large-Cap Index and the Hang Seng Mid-Cap Index, they will be included in the Hang Seng Composite Index and related indices in the June and December index adjustments." According to calculations, AUX ELECTRIC (02580), CHERY AUTO (09973), FWD (01828), and other companies are expected to be included in the Hang Seng Composite Index and enter the Hong Kong Stock Connect after the results of the third-quarter index review are announced. According to the announcement, the Hang Seng Index Company announced the results of the third-quarter review of the Hang Seng Index series on November 21, and the changes in the constituents of the Hang Seng Index series took effect on December 8. In addition, companies such as INNOGEN-B (02591), AB&B BIO-TECH-B (02627), JIAXIN INTL RES (03858), GENFLEET-B (02595), GOFINTECH QUANT (00290), BRIGHT SMART (01428), PATEO (02889), LEADS BIOLABS-B (09887), 160 HEALTH (02656), CARSGEN-B (02171), PEGBIO CO-B (02565), WASION HOLDINGS (03393), and others have shown good performance in the Hong Kong Stock Connect horseshoe game, and attention should be paid to their future performance. It is worth noting that GEEKPLUS-W (02590), which was listed on July 9 this year as a dual-class share company, needs to meet additional criteria for dual-class share companies set by the Hong Kong Stock Connect, including market value, trading volume, and length of listing. Whether it can be included in the index in the future will still require ongoing observation.