We are glad to announce that in the Hang Seng Index Announcement issued today, XD Inc. (HK.2400) has been included in the Hang Seng Composite Index. This change will be officially effective from March 9, 2020.
As an important indicator to the international capital market, The Hang Seng Composite Index clearly reflects the status of various industries and the performance of stocks in different market capitalization categories. Therefore, it has a wide range of representations and provides the market with indicators and product development benchmarks. That XD Inc. was included in the Hang Seng Composite Index this time means the business performance and future growth prospects of the company have been recognized by the market, which will also help to increase the company’s influence in the capital market.
According to the Hang Seng Index official website [1], the relevant adjustments to the company are mainly demonstrated in the following table:
Hang Seng Composite Index
The following constituent changes will be made to the Hang Seng Composite Index. The total number of constituents will decrease from 480 to 476.
Inclusion:
| Code | Company |
| 116 | Chow Sang Sang Holdings International Ltd. |
| 120 | Cosmopolitan International Holdings Ltd. |
| 302 | CMGE Technology Group Ltd. |
| 697 | Shougang Concord International Enterprises Co. Ltd. |
| 826 | Tiangong International Co. Ltd. |
| 1268 | China MeiDong Auto Holdings Ltd. |
| 1282 | Glory Sun Financial Group Ltd. |
| 1286 | Impro Precision Industries Ltd. |
| 1691 | JS Global Lifestyle Co. Ltd. |
| 1789 | AK Medical Holdings Ltd. |
| 1836 | Stella International Holdings Ltd. |
| 1873 | Viva Biotech Holdings |
| 1881 | Regal Real Estate Investment Trust |
| 2048 | E-House (China) Enterprise Holdings Ltd. |
| 2103 | Sinic Holdings (Group) Co. Ltd. |
| 2400 | XD Inc. |
| 3319 | A-Living Services Co., Ltd. – H Shares |
| 3331 | Vinda International Holdings Ltd. |
| 6049 | Poly Property Development Co., Ltd. – H Shares |
| 6069 | Sheng Ye Capital Ltd. |
| 6110 | Topsports International Holdings Ltd. |
| 6186 | China Feihe Ltd. |
As the new blood to the capital market, XD Inc. was commenced trading of shares on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”) on December 12, 2019. As of February 21, the company’s stock price was HK$ 28.2, with a market value of more than HK$ 12 billion.
[1] https://www.hsi.com.hk/static/uploads/contents/en/news/pressRelease/20200221T000000.pdf
