Europol Intelligent Network to be dropped from Hang Seng Family of Indexes

The steel logistics firm no longer meets the criteria for inclusion after it was classified as an ST Stock.

As steel logistics services provider Europol Intelligent Network has been classified as an ‘ST Stock’, the company no longer meets the criteria for inclusion in the Hang Seng Family of Indexes, an announcement revealed. Accordingly, appropriate constituent changes will therefore be made to the following indexes after market close on 6 May 2019, and will come into effect on 7 May.

Europol Intelligent Network will be removed from the Hang Seng Stock Connect Greater Bay Area Composite Index (HSGBAC), Hang Seng Stock Connect Greater Bay Area Guangzhou-Foshan-Zhaoqing Index (HSBAGFZ), Hang Seng Stock Connect Greater Bay Area Information Technology Index (HSBAIT) and Hang Seng Stock Connect Greater Bay Area New Economy Index (HSBANE).

Meanwhile, household paper products firm C&S Paper will be added to the HSGBAC and the Hang Seng Stock Connect Greater Bay Area Macao-Zhuhai-Zhongshan-Jiangmen Index (HSBAMZJ).

Following the constituent changes, the number of constituent companies in the HSGBAC will remain at 250. The number of constituent companies in the HSBAGFZ, HSBAIT and HSBANE will decrease from 58 to 57, 23 to 22 and 113 to 112, respectively. The number of constituent companies in the HSBAMZJ will also increase from 22 to 23.