Sanergy Group (02459) was selected by Hang Seng Indexes Co. Ltd. on August 16, 2024 to be included as a constituent stock in the Hang Seng Composite Index, effective from September 9, 2024.
The Hang Seng Composite Index covers the highest 95% of the total market capitalization of securities listed on the Main Board of the Hong Kong Stock Exchange, providing a comprehensive Hong Kong market indicator.
Being included in the Hang Seng Composite Index reflects the capital market's recognition of the group's business and growth prospects, which will help expand the company's shareholder base and increase the trading liquidity of the company's shares, as well as enhancing the company's investment value and visibility in the capital market.
Inclusion in the Hang Seng Composite Index implies that the shares will meet the prerequisites for trading on Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, which are channels for Hong Kong and mainland China investors to trade and invest in stocks.
For further details, please refer to the press release about “Hang Seng Indexes Company Announces Index Review Results” dated 16 August 2024.
https://www.hsi.com.hk/static/uploads/contents/en/news/pressRelease/20240816T180003.pdf