Alibaba, Xiaomi to join Hong Kong's Hang Seng index

Alibaba, Xiaomi to join Hong Kong's Hang Seng index

People walk by the Alibaba Group logo. Photo: Bloomberg

E-commerce conglomerate Alibaba, handset maker Xiaomi and WuXi Biologics will enter the Hang Seng next month, broadening Hong Kong’s traditionally financial services-dominated index.

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