INSUBCONTINENT EXCLUSIVE:
rise.
The benchmark stock gauge marks 50 years since its official debut on Sunday
1969, according to data compiled by Bloomberg (the index was backdated to July 1964 on its release)
In that time its constituents have evolved from local firms to an embrace of mainland Chinese names that now account for more than half of
became the first Chinese company to join the gauge
Index has been hovering near a record high, according to data compiled by Bloomberg
Between 2001 and 2019, two Hang Seng heavyweights Tencent Holdings Ltd
were the biggest contributors to gains.
The index will need to continue adapting, said Arthur Kwong, head of Asia Pacific equities at BNP
A wider embrace of Chinese mid-cap stocks is needed to stave off competition from rivals such as MSCI Inc
says it is planning a consultation in the first quarter to review the presence of financial stocks, which currently account for about half
That compares with an average of 19 per cent of its peers in Europe, United States , Japan and mainland China, according to Bloomberg
Intelligence.
It will also discuss including firms that have shares with different voting rights, held by technology companies like Alibaba
pains, with crashes during the world oil crisis in the 1970s, the early-1980s impasse between China and Britain during handover talks and
financial crises in 1997 and 2008
market strategist at JPMorgan Asset Management
