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15 May 2015

HANG SENG INDEXES ANNOUNCES INDEX REVIEW RESULTS


Hang Seng Indexes Company Limited (“Hang Seng Indexes”) today announced the
results of its review of the Hang Seng Family of Indexes for the quarter ended 31 March
2015. All changes will be effective on 8 June 2015 (Monday).

1. Hang Seng Index

There is no change to the constituents of the Hang Seng Index. The total number of
constituents is fixed at 50.

The list of constituents is provided in Appendix 1.

2. Hang Seng China Enterprises Index

The following constituent changes will be made to the Hang Seng China Enterprises
Index. The total number of constituents is fixed at 40.

Inclusion:
Code Company
1816 CGN Power Co., Ltd.
3699 Dalian Wanda Commercial Properties Co., Ltd.

Removal:
Code Company
1066 Shandong Weigao Group Medical Polymer Co. Ltd.
2338 Weichai Power Co. Ltd.

The list of constituents is provided in Appendix 2.

3. Hang Seng Composite LargeCap / MidCap Index

There is no change to the constituents of the Hang Seng Composite LargeCap Index /
MidCap Index. The total number of constituents for these two indexes remains at 266.

more…
HANG SENG INDEXES ANNOUNCES INDEX REVIEW RESULTS/ 2

4. Other Thematic Indexes

The Thematic Indexes in the Hang Seng Family of Indexes were also part of the index
review.

The review results of the Thematic Indexes have been released in a separate index
notice.

About Hang Seng Indexes Company Limited


The Hang Seng Family of Indexes is managed and compiled by Hang Seng Indexes Company Limited
(formerly HSI Services Limited), which is a wholly-owned subsidiary of Hang Seng Bank. The Hang
Seng Family of Indexes comprises a wide range of Flagship, Benchmark, Thematic and Strategy indexes
that cover stocks listed in Hong Kong and mainland China markets. For further information on the Hang
Seng Family of Indexes, please visit the company's website at www.hsi.com.hk.

About HSI Advisory Committee


Hang Seng Indexes Company Limited has appointed an independent advisory committee which meets
regularly to discuss matters pertaining to the indexes, including changes of constituents and the launch of
new indexes.

About Index Review


Indexes in the Hang Seng Family of Indexes are reviewed quarterly, excluding the Hang Seng China
H-Financials Index, the Hang Seng REIT Index, the Hang Seng China 50 Index, the Hang Seng China AH
Index Series, the Hang Seng Composite Index Series, the Hang Seng Foreign Companies Composite
Index, the Hang Seng Global Composite Index, the Hang Seng Low Volatility Index, the Hang Seng High
Beta Index, the Hang Seng Broad Consumption Index, the Hang Seng Infrastructure Index, the Hang Seng
Mainland Consumer Goods Index and the Hang Seng Natural Resources Index, which are reviewed on a
semi-annual basis, and the Hang Seng China A Industry Top Index, the Hang Seng Corporate
Sustainability Index Series, the Hang Seng High Dividend Yield Index, the Hang Seng China A Top 100
Index and the Hang Seng China A Top 500 Index, which are reviewed annually. The review will normally
be completed within eight weeks after each calendar quarter-end.

# End #
Appendix 1
Hang Seng Index
Constituent Change (Effective 8 June 2015)
ADD REMOVE
Nil Nil

Index Information
Number of Constituents (Effective 8 June 2015): 50
Market Value Coverage Ratio* (As at 31 March 2015): 58.5%
Turnover Coverage Ratio* (First Quarter of 2015): 50.4%

* The universe comprises Main Board primary listings excluding foreign companies

Constituent List (Assuming the rebalancing had been undertaken on 13 May 2015)
Weighting (%) *
Code Company Name FAF (%)^
Before After **
Finance 47.77 47.30
5 HSBC HOLDINGS 100 11.66 11.00
939 CCB (H) 35 6.74 6.77
1299 AIA 100 6.62 6.65
1398 ICBC (H) 85 5.20 5.23
3988 BANK OF CHINA (H) 95 4.39 4.41
388 HKEX 95 3.37 3.39
2318 PING AN (H) 70 3.08 3.09
2628 CHINA LIFE (H) 100 2.98 3.00
11 HANG SENG BANK 40 1.30 1.30
2388 BOC HONG KONG 35 1.20 1.20
3328 BANKCOMM (H) 25 0.72 0.72
#
23 BANK OF E ASIA 55 0.51 0.52
Utilities 4.30 4.32
2 CLP HOLDINGS 75 1.40 1.41
3 HK & CHINA GAS 60 1.27 1.27
6 POWER ASSETS 65 1.17 1.17
836 CHINA RES POWER 40 0.46 0.46
Properties 10.87 10.98
1 CKH HOLDINGS ## 60 2.45 2.46
16 SHK PPT 55 2.19 2.23
688 CHINA OVERSEAS 50 1.28 1.29
823 LINK REIT 100 1.15 1.16
4 WHARF HOLDINGS 45 0.82 0.83
12 HENDERSON LAND 35 0.71 0.71
1109 CHINA RES LAND 35 0.63 0.64
17 NEW WORLD DEV 60 0.59 0.61
101 HANG LUNG PPT 50 0.60 0.60
83 SINO LAND 50 0.45 0.45
Commerce & Industry 37.06 37.41
700 TENCENT 60 9.60 9.66
941 CHINA MOBILE 30 7.01 7.08
##
13 HUTCHISON 50 2.56 2.57
883 CNOOC 40 2.49 2.50
857 PETROCHINA (H) 100 2.17 2.18
#
386 SINOPEC CORP (H) 95 1.92 1.83
992 LENOVO GROUP 65 1.06 1.06
27 GALAXY ENT 55 0.94 0.95
762 CHINA UNICOM 25 0.91 0.92
1928 SANDS CHINA LTD 30 0.86 0.87
1044 HENGAN INT'L 65 0.82 0.82
267 CITIC 20 0.81 0.82
#
1880 BELLE INT'L 80 0.50 0.73
1088 CHINA SHENHUA (H) 100 0.72 0.72
19 SWIRE PACIFIC A 65 0.66 0.67
151 WANT WANT CHINA 55 0.65 0.65
2319 MENGNIU DAIRY 70 0.61 0.62
66 MTR CORPORATION 25 0.59 0.60
494 LI & FUNG 70 0.46 0.47
144 CHINA MER HOLD 50 0.46 0.46
322 TINGYI 35 0.36 0.36
135 KUNLUN ENERGY 40 0.32 0.33
291 CHINA RESOURCES 50 0.32 0.32
293 CATHAY PAC AIR 30 0.25 0.25
Total 100.00 100.00
^
FAF is subject to change resulted from substantial capital change issues.
* Figures may not add up to totals due to rounding.
** The weighting changes reflect a re-capping of HSBC to 11%, and changes in FAF.
#
FAF changed in this review. New FAF will take effect on 8 June 2015.
##
Please refer to the technical notice issued on 4 May 2015 for the impact of the CKH restructuring on the weightings.
(H): H-share company
Appendix 2
Hang Seng China Enterprises Index
Constituent Change (Effective 8 June 2015)
ADD REMOVE
Code Company Name Code Company Name
1816 CGN POWER 1066 WEIGAO GROUP
3699 WANDA COMM 2338 WEICHAI POWER

Constituent List (Assuming the rebalancing had been undertaken on 13 May 2015)
Weighting (%) *
Code Company Name FAF (%)^
Before After **
1398 ICBC 85 9.99 10.00
939 CCB 35 9.97 10.00
3988 BANK OF CHINA 95 9.95 10.00
2318 PING AN 70 8.44 8.18
2628 CHINA LIFE 100 8.18 7.92
857 PETROCHINA 100 5.93 5.75
386 SINOPEC CORP 95 # 5.26 4.84
1288 ABC 80 3.07 2.97
3968 CM BANK 100 3.06 2.96
2601 CPIC 90 # 2.67 2.92
728 CHINA TELECOM 100 2.36 2.29
1988 MINSHENG BANK 90 2.08 2.02
3328 BANKCOMM 25 1.97 1.91
1088 CHINA SHENHUA 100 1.96 1.90
998 CITIC BANK 60 # 1.63 1.72
2328 PICC P&C 70 # 1.78 1.61
1800 CHINA COMM CONS 100 1.66 1.61
2333 GREATWALL MOTOR 100 1.63 1.58
1816 CGN POWER 95 - 1.30
1099 SINOPHARM 100 # 1.21 1.23
1339 PICC GROUP 85 1.22 1.18
390 CHINA RAILWAY 95 1.19 1.16
3699 WANDA COMM 90 - 1.14
1336 NCI 75 1.16 1.13
914 ANHUI CONCH 95 1.14 1.11
902 HUANENG POWER 90 # 1.03 1.06
6030 CITIC SEC 95 1.09 1.06
6837 HAITONG SEC 100 # 0.96 1.03
489 DONGFENG GROUP 95 1.02 0.99
1359 CHINA CINDA 60 # 0.90 0.95
1211 BYD COMPANY 70 0.90 0.87
916 CHINA LONGYUAN 95 # 0.84 0.86
2883 CHINA OILFIELD 100 0.81 0.78
2202 CHINA VANKE 100 0.77 0.75
3323 CNBM 100 0.73 0.71
358 JIANGXI COPPER 95 0.61 0.59
753 AIR CHINA 45 0.56 0.54
168 TSINGTAO BREW 55 0.54 0.52
2238 GAC GROUP 100 0.52 0.50
1898 CHINA COAL 65 # 0.41 0.36
2338 WEICHAI POWER - 0.42 -
1066 WEIGAO GROUP - 0.37 -
Total 100.00 100.00
Total number of constituents: 40

^
FAF is subject to change resulted from substantial capital change issues.
*
Figures may not add up to totals due to rounding.
**
The weighting changes reflect a re-capping of ICBC, CCB and BANK OF CHINA to 10%, and changes in FAF.
#
FAF changed in this review. New FAF will take effect on 8 June 2015.

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