Hang Seng Indexes Co. may add chipmaker Hua Hong Grace Semiconductor Ltd., AI-related firm Kingboard Laminates Holdings Ltd. and miner Zijin Gold International Co. to Hong Kong's equity benchmark, according to analysts. The potential inclusions reflect the index's ongoing adjustment to represent Hong Kong's evolving market sectors, particularly semiconductors, AI-related materials, and gold mining.

The index compiler will release the results of its quarterly review after the market close on Friday, with some changes taking effect on Sept. 7 and the rest by Sept. 14. Analysts anticipate the changes could attract significant passive fund flows into these names, as tracker funds rebalance to match the updated composition.

It admitted three stocks to the gauge in its May reshuffle, continuing a pattern of quarterly adjustments that keep the benchmark aligned with market capitalization and sector representation trends in the Hong Kong market.