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The lifeblood of the Hong Kong Stock Technology Index - “quick inclusion mechanism”

$Lion-OCBC Sec HSTECH S(HST.SG)$
If the market value of an eligible IPO on the first day of listing is in the top ten of the existing constituent stocks, it will be included in the index after the market closes on the 10th trading day after the listing.
The lifeblood of the Hong Kong Stock Technology Index - “quick inclusion mechanism”
The starting point of the mechanism is that it can better reflect changes in the market. It is full of ideals, yet very boring in reality.

Currently, the stock market is in an era where the primary market is set by maniacs, and the secondary market is taken over by fools.

Hot new stock valuations are often full of bubbles. What's more, with the gradual conversion of Hong Kong stocks into A-shares and IPOs under the banner of scarcity, they have attracted a large number of retail investors to enter the market, causing the bubble to become even bigger, making the Hang Seng Technology Index a huge victim.
Since its release, the Hang Seng Technology Index has been rapidly included four times, namely JD Health, Kuaishou, Baidu, and Bilibili.
The lifeblood of the Hong Kong Stock Technology Index - “quick inclusion mechanism”

Since the focus of rapid inclusion is that the market value is large enough, in disguise, after the company is included, its share will not be light, and larger fluctuations will also have an obvious impact on the index.

Since the inclusion of various stocks, the decline has reached more than 20%. JD Health has fallen 56%, and the market value has dropped from 580 billion to 260 billion yuan.
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