Definition
Cumulative market cap as a share of total market cap, after ranking by market cap in descending order. HSCI selection criterion: top 95% by cumulative coverage are selected; buffer at 94% (inclusive) for admission and 96% (exclusive) for removal.
Category
Stock Connect Inclusion

Basis

The links above lead to official sources such as HKEX and the SFC. The explanation on this site summarises them and may differ from the official definition; the official documents prevail.

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This page explains the HK IPO term "Cumulative Market Cap Coverage" and links to related terms. Definitions are compiled from HKEX Practice Note 18 and the Listing Rules, for understanding subscription rules only — not investment advice.

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