HK Stock Market Move | JS GLOBAL LIFE (01691) fell over 5% and was removed from the Hang Seng Composite Index, and will subsequently be excluded from the Stock Connect.

JS GLOBAL LIFE (01691) fell over 5%, currently down 5.08% at HKD 1.495, with a trading volume of HKD 25.5049 million. On the news front, the Hang Seng Index Company announced the results of its semi-annual index adjustments, with all changes to take effect after the market closes on September 4 and to be implemented starting September 7. Correspondingly, the Shanghai and Shenzhen exchanges will adjust the scope of investable stocks for the Hong Kong Stock Connect. Notably, JS GLOBAL LIFE has been removed from the Hang Seng Composite Index. CICC stated that stocks removed from the Hang Seng Composite Index will also be excluded from the Hong Kong Stock Connect, meaning investors can only sell but not buy after this exclusion. Additionally, on the evening of August 21, JS GLOBAL LIFE announced its mid-year results for 2026, reporting revenues of approximately USD 741 million, a year-on-year decrease of 4.3%; gross profit of approximately USD 229 million, a year-on-year decrease of 7.7%; and adjusted net profit increasing by 9.6% year-on-year to USD 14.8 million, with profit attributable to the parent company's owners of USD 9.419 million, reversing previous losses.