{"id":300789,"date":"2026-02-16T11:25:13","date_gmt":"2026-02-16T11:25:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/300789\/"},"modified":"2026-02-16T11:25:13","modified_gmt":"2026-02-16T11:25:13","slug":"laopu-gold-cmoc-shares-jump-on-addition-to-hang-seng-index","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/300789\/","title":{"rendered":"Laopu Gold, CMOC shares jump on addition to Hang Seng Index"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/4fe5236a5acc0cda9a4aed7cadadd27b.jpg\"\/>A gold abacus displayed at the Laopu Gold Co store at IFC Mall in Hong Kong, Dec 25, 2025. (PHOTO \/ BLOOMBERG)<\/p>\n<p>Shares of Chinese jeweler <a href=\"https:\/\/www.chinadailyhk.com\/hk\/article\/614979\" rel=\"nofollow noopener\" target=\"_blank\">Laopu Gold Co<\/a> and miner CMOC Group Ltd rallied in Hong Kong, after <a href=\"https:\/\/www.chinadailyhk.com\/hk\/article\/629026#CATL,-CMOC,-Laopu-Gold-to-join-HK-stock-benchmark-index-2026-02-14\" rel=\"nofollow noopener\" target=\"_blank\">Hang Seng Indexes Co added the stocks<\/a> to the city\u2019s equity benchmark gauge following a quarterly review.<\/p>\n<p>Laopu and CMOC each rose more than 7 percent at their highs on Monday. Electric vehicle battery giant <a href=\"https:\/\/www.chinadailyhk.com\/hk\/article\/619447#Chinese-battery-giant-CATL-unveils-new-EV-batteries-for-Europe-2025-09-08\" rel=\"nofollow noopener\" target=\"_blank\">Contemporary Amperex Technology Co<\/a>, another stock to be added to the list, rose as much as 3.8 percent.<\/p>\n<p>Prices may have been amplified by thin liquidity during holiday-shortened trading hours.<\/p>\n<p>The changes, effective March 9, will bring the number of members on the Hang Seng Index to 90 from 88, according to a statement. The index compiler said it will remove auto retailer Zhongsheng Group Holdings Ltd, which fell as much as 3.2 percent.<\/p>\n<p>RELATED ARTICLES<\/p>\n<p>The Hang Seng Index was little changed on Monday, before financial markets close for a three-day Chinese New Year holiday.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/c04ad23515b8c816e17207e27d631bfe.png\"\/><\/p>\n<p>The benchmark has gained 3.6 percent in 2026, as momentum slowed after a 28 percent advance last year. The reshuffle is closely watched as a sign of which listed companies have excelled across key metrics, such as market capitalization and turnover. CATL, whose shares were listed in the financial hub in May, has doubled since then.<\/p>\n<p>Changes were also announced for the Hang Seng China Enterprises Index and the Hang Seng Composite Index.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/ee38604a8bb0107ef8b7b35366e0baa9.png\"\/><\/p>\n<p>\u201cIn aggregate, the rebalancing could generate nearly $8 billion in gross two-way passive flows,\u201d Goldman Sachs Group Inc strategists including Alvin So wrote in a note.<\/p>\n<p>Looking at previous patterns following the reshuffle, \u201cHSI additions outperformed early but gave back gains into the announcement,\u201d they added.<\/p>\n","protected":false},"excerpt":{"rendered":"A gold abacus displayed at the Laopu Gold Co store at IFC Mall in Hong Kong, Dec 25,&hellip;\n","protected":false},"author":2,"featured_media":300790,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[142444,72,37661,142441,142437,142439,113,142442,142443,8176,142438,61,60,142436,142440],"class_list":{"0":"post-300789","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-alvin-so","9":"tag-business","10":"tag-catl","11":"tag-chinese-new-year-holiday","12":"tag-cmoc-group-ltd","13":"tag-contemporary-amperex-technology-co","14":"tag-economy","15":"tag-hang-seng-china-enterprises-index","16":"tag-hang-seng-composite-index","17":"tag-hang-seng-index","18":"tag-hsi","19":"tag-ie","20":"tag-ireland","21":"tag-laopu-gold-co","22":"tag-zhongsheng-group-holdings-ltd"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/300789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=300789"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/300789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/300790"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=300789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=300789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=300789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}