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Hang Seng Indexes, the compiler of Hong Kong’s benchmark index, said on Monday that the number of constituent stocks of the Hang Seng Index, the benchmark of the world's third largest stock market, will rise to 80 by mid 2022, before ultimately rising to 100.
The expansion is intended to ensure that the index truly reflects the drastic changes in Hong Kong's stock market, which has seen a wave of listings by big technology and pre-revenue biotechnology companies following a reform by the exchange operator Hong Kong Exchanges and Clearing in April 2018 . . .
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