Swire Pacific was kicked out from HSI

Swire Pacific(0019) was removed from the Hang Seng Index blue chips, marked the decline of the British companies.

Meanwhile, mainland technology giant Meituan (3690) finally became a blue-chip stock, and Budweiser (1876) and Anta (2020) are also the blue-chip upstarts

Suffered from the epidemic, Swire Pacific and its Cathay Pacific Airways (00293) took a hit since the beginning of 2020.

Swire Pacific's latest share price of HK$43.25 slumped by nearly 60 percent compared to the high of HK$103.8 in April 2019. 

From 1973 to 1974, Swire injected Taikoo Dockyard, a listed company, into Hong Kong's major assets to reorganize Swire Pacific.

It is a founding member of the Hang Seng Index constituent stocks and has been a blue-chip member for more than half a century.