Midea Group, ZTO Express to Join Hong Kong’s Hang Seng Index

The Midea Group Co. logo at the Casas Bahia megastore in Sao Paulo.Photographer: Maira Erlich/Bloomberg

Hang Seng Indexes Co. added two more members to its Hong Kong stock benchmark by including Midea Group Co. and ZTO Express, the index compiler said following a quarterly review.

The change brings the number of members on the gauge to 85, and will take effect on June 9, according to its statement on Friday.