SG Talk

BRIEF – Country Garden Removed As Hang Seng Index Constituent
18 August 2023 20:14
Aug 18 (Reuters) – Hang Seng Indexes Company Limited:
Hang Seng Indexes Co Announces Q2 Review Results
Hang Seng Indexes Company Says Total Number Of Hang Seng Index Constituents Remains At 80
Sinopharm Group Co Ltd To Be Added To Hang Seng Index Effective On Sept 4
Country Garden Holdings Co Ltd To Be Removed From Hang Seng Index

When will it be removed? Or already removed?

Is it a large component of HSI?

They do this so HSI don’t Lau Sai.

But China stock will face continuos sell down till Xi really do something.

(21-08-2023, 11:38 AM)victortan Wrote: [ -> ]They do this so HSI don’t Lau Sai.

But China stock will face continuos sell down till Xi really do something.

Based on track record they tend to sit on their hands until damage is extensive.

Just like Zero covid they can lock people down for years without exit plan

And basically as the economy go deeper into slowdown to them it may not be  not be big deal that people suffer. They still have full control.

Alamak ppl collapse you feel so excited for fart? finding joy in another's misfortune and struggle for survival?

third world china economy is failing and collapsing. Ah tiong companies are going bankrupt and delisting from stock market LOL!

Now so cheap ahbutt pukimak dun want to buy? Later price up then kpkb can't afford?

If the bosses don't use their personal wealth to save. The Garden no chance to survive.