INFBusiness

INFBusiness

Alibaba, Xiaomi to join Hong Kong’s Hang Seng Index

HONG KONG (Reuters) – E-commerce conglomerate Alibaba (9988.HK) (BABA.N), handset maker Xiaomi (1810.HK) and WuXi Biologics (2269.HK) will enter the Hang Seng .HSI next month, broadening Hong Kong’s traditionally financial services-dominated index. The change announced by the Hang Seng Indexes…

World in Ukraine: Sweden

A view of downtown Stockholm, Sweden on Dec. 9, 2019. The wealthy Scandinavian nation of 10 million people is one of the few in the world that commits 1% of its gross domestic product to foreign development assistance. For Ukraine,…