Hang Seng Proposes Major Overhaul of HSI

The video discusses proposed changes to the Hang Seng index, aiming to reduce industry groups from 12 to 6 for balanced representation and adjust weighting caps for major companies. It highlights the need to maintain Hong Kong representation despite the influx of Chinese companies. The index's current financial dominance has led to underperformance, necessitating an overhaul to include tech giants. Feedback is sought until January 24th, with a potential one-year transition period. The changes are expected to increase turnover by 20%, with support from fund managers for a better-performing index.

What impact did HSBC's performance have on the Hang Seng Index this year?

What is the significance of the feedback period ending on January 24th?