November 16, 2012 / 10:42 AM / 5 years ago

Kunlun Energy to be Hang Seng Index's 50th component

HONG KONG, Nov 16 (Reuters) - Kunlun Energy will become the 50th component of Hong Kong benchmark, Hang Seng Index, with effect from Dec. 10, the index manager said in a statement after markets closed on Friday.

Chinese auto maker Great Wall Motor Co Ltd will replace rival BYD Co Ltd, backed by Warren Buffett, as a component stock on the China Enterprises Index of the top Chinese listings in Hong Kong.

These changes were part of the index manager’s quarterly review.

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