Shanghai Stock Exchange considers first revamp of benchmark in 30 years - Bloomberg News

(Reuters) - The Shanghai Stock Exchange is mulling the first overhaul of its benchmark index in thirty years to better reflect China's increasingly high-tech economy, Bloomberg News reported on Wednesday, citing people familiar with the matter.The exchange is planning to adjust the timing for newly listed stocks to be included in the index and remove some chronically loss-making stocks, Bloomberg News said. (https://bloom.bg/3dhZIig)The bourse may also calculate a company's market value for the..