Hong Kong Stock Market Update: CUTIA-B surged over 8% in early trading and will be included in the Hang Seng Index series component stocks.
CUTIA-B surged more than 8% in the morning session, reaching an increase of 8.49% as of the time of publication, trading at HKD 6.77 with a turnover of HKD 2.15 million. In terms of news, CUTIA-B announced that based on the quarterly review results of the Hang Seng Index released on February 16, 2024, the company has been selected and will be included in the following components of the Hang Seng Index series, with the change taking effect from March 4, 2024: 1. Hang Seng Small Cap (Investable) Index; 2. Hang Seng Stock Connect Index; 3. Hang Seng Stock Connect Small Cap Index; 4. Hang Seng Stock Connect Small Cap Index; and 5. Hang Seng Stock Connect Mainland China Company Index. The company's board of directors believes that the inclusion of the company in the above-mentioned components of the Hang Seng Index series demonstrates market recognition of the group's business performance and growth prospects, expecting to further expand the shareholder base and enhance share liquidity.
Zhitong App learned that CUTIA-B (02487) surged more than 8% in the morning session, with a gain of 8.49% as of the time of publication, reaching HKD 6.77, with a turnover of HKD 2.15 million.
On the news front, CUTIA-B announced that based on the quarterly review results of the Hang Seng Index released on February 16, 2024, the company has been selected and will be included in the following components of the Hang Seng Index series, with the change taking effect from March 4, 2024:
- Hang Seng Small Cap (Investable) Index; 2. Hang Seng Stock Connect Index; 3. Hang Seng Stock Connect Small Cap Index; 4. Hang Seng Stock Connect Small Cap Index; and 5. Hang Seng Stock Connect Mainland China Company Index.
The company's board of directors believes that the inclusion of the company in the above-mentioned components of the Hang Seng Index series demonstrates market recognition of the group's business performance and growth prospects, expecting to help further expand the shareholder base and enhance share liquidity.