MSCI removes Sands China from Hong Kong Index on 30 November
Business1 min read
MSCI will remove Sands China from the MSCI Hong Kong Index after market close on 30 November, following its November quarterly review. The index provider said it does not disclose company-specific removal reasons, and no stocks will be added in this review.
MSCI said it will remove Sands China from the MSCI Hong Kong Index following its November 2026 quarterly review. The change takes effect after market close on 30 November. Sands China is the only company being removed, and no stocks will be added in the review.
MSCI does not disclose its reasons for removing individual companies. An analysis in a news report on the index review suggests that a falling share price and a higher stake held by controlling shareholder Las Vegas Sands Corp may have reduced Sands China's free-float market capitalisation below the threshold for index inclusion.
Sands China shares closed at HK$11.03 on Thursday, down HK$0.15, or 1.34%. MSCI's periodic index reviews consider market capitalisation, free-float market capitalisation, trading liquidity and the proportion of shares available to international investors.