Evergrande to Be Removed From Hang Seng China Enterprises Index

Evergrande to Be Removed From Hang Seng China Enterprises Index
The China Evergrande Center building sign is seen in Hong Kong, on Sept. 23, 2021. Tyrone Siu/Reuters
Reuters
Updated:

HONG KONG—Embattled developer China Evergrande Group will be removed from Hong Kong’s Hang Seng China Enterprises Index, the benchmark provider said on Friday following its regular quarterly review.

The Hang Seng Indexes Company does not typically give reasons for changes to its indexes, and did not in Friday’s statement.