China COSCO to join Hang Seng index
China COSCO Holdings Ltd., parent company of COSCO Container Lines, said Friday it will be added to the Hang Seng China enterprise index, effective Sept. 5.
China COSCO has been listed on the Hong Kong stock exchange since June 30, when shares closed at HK$3.825 (49 cents) at a 10 percent discount below the initial public offering price of HK$4.25 (55 cents).