HK investors favour China Merchants in HSI reshuffle

Newswire

By Susan Fenton HONG KONG, Oct 31 (Reuters) - A reshuffle of Hong Kong's blue chip index in the next few months is seen elevating Beijing-backed transport and ports group China Merchants to the closely-followed index, making it more attractive to large investors. China Merchants Holdings (International) Co Ltd shares have rallied 47 percent in the past three months on expectations the company will be added to the 33-stock Hang Seng Index . With a market capitalisation of about HK$22 ...

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