Alibaba, Xiaomi to enter Hong Kong’s stock market benchmark

HONG KONG (Reuters) – E-commerce conglomerate Alibaba <9988.HK> , handset maker Xiaomi <1810.HK> and WuXi Biologics <2269.HK> will enter Hong Kong’s Hang Seng Index <.HSI> next month, the benchmark’s publisher announced on Friday evening.

Alibaba and Xiaomi, along with delivery platform Meituan Dianping <3690.HK>, will also join the ‘H-share’ Hang Seng China Enterprises Index <.HSCE>, which represents Chinese companies listed in the city.

Changes to both indexes are effective September 7.

(Reporting by Twinnie Siu; writing by Noah Sin; editing by Jason Neely)