Zhongxu Future (09890) continued to rise by more than 10%. As of press release, it rose 10.74% to HK$55.70, with a turnover of HK$16.53 million.
The Zhitong Finance App learned that Zhongxu Future (09890) continued to rise by more than 10%. As of press release, it had risen 10.74% to HK$55.70, with a turnover of HK$16.53 million. Notably, the company's stock price rebounded 234% in 16 trading days, recovering the vast majority of losses from the 76% drop on February 2.
According to the news, Hang Seng Index Limited recently announced the results of the Hang Seng Index series quarterly review for the year ended 31 December 2023. Among them, Zhongxu will be included in a total of 19 indices in the future, including the Hang Seng Composite Index, etc. The relevant changes will take effect on March 4, 2024.
Anxin International pointed out that Hang Seng Index announced the quarterly inspection results on February 16, included the company as a small-cap stock in the Hang Seng Composite Index, and will become the Hong Kong Stock Exchange Standard, which will take effect on March 4. Inclusion in the Index and Hong Kong Stock Connect can also increase the company's attention and liquidity. The current stock price responds well to market expectations. It is expected that incremental business will bring performance that exceeds expectations. It is recommended to continue to pay attention.