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Alibaba and Xiaomi Get Into Hong Kong’s Benchmark Index

  • Measure’s revamp also sees Wuxi Biologics added to index
  • Changes announced Friday after new rules unveiled in May
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Alibaba Group Holding Ltd. will be included in Hong Kong’s Hang Seng in one of the biggest revamps in the benchmark index’s 50-year history.

Xiaomi Corp. will also be joining the index, as will Wuxi Biologics Cayman Inc., according to Hang Seng Indexes Co. on Friday as it unveiled the first major changes since the compiler began allowing dual-class shares and secondary listings.