MicroPort® (00853.HK) Included in HSMI and HSLMI Indexes and Officially Eligible for Trading through Shanghai-HK Stock Connect-MicroPort®

Shanghai, China—Effective on Monday, September 7, 2020, MicroPort Scientific Corporation (MicroPort®, 00853.HK) has been included in the Hang Seng Composite MidCap Index (“HSMI”) and the Hang Seng Composite LargeCap & MidCap Index (“HSLMI”) managed by Hang Seng Indexes Company Limited. Meanwhile, a recent announcement by the Shanghai Stock Exchange (“SSE”), which introduced updates to the list of stocks eligible for trading through Hong Kong Stock Connect, marks the official inclusion of MicroPort® in the Hong Kong Stock Connect list on September 7, 2020.

MicroPort® has been eligible for trading through Shenzhen-Hong Kong Stock Connect since 2017. The Company’s inclusion in the HSMI and HSLMI indexes as well as the Shanghai-Hong Kong Stock Connect program, back-to-back with its earlier listing in the MSCI Hong Kong Index, is a reflection of investors’ recognition and confidence in the development prospects and market capitalization outlooks of MicroPort®. In the meantime, it also opens up new channels for mainland investors to invest in the Company’s equity shares.

The Hang Seng Composite Index (“HSCI”) offers a comprehensive Hong Kong market benchmark that covers about the top 95th percentile of the total market capitalization of companies listed on the Main Board of the Stock Exchange of Hong Kong (“SEHK”). Adopting the freefloat-adjusted market capitalization methodology, the HSCI can be used as a basis for index funds, mutual funds as well as performance benchmarks. To be eligible for inclusion in the HSCI index, public companies are required to meet a wide range of requirements, such as market capitalization and share liquidity, as set out in its Index Methodology.

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Shanghai-Hong Kong Stock Connect, short for the “Pilot Program of an Interconnection Mechanism for Transactions in the Shanghai and Hong Kong Stock Markets”, refers to a technical arrangement of interconnectivity between SSE and SEHK that enables investors from Mainland China and Hong Kong to trade a specified selection of stocks listed on each other’s exchanges through local securities companies or brokers. With Hong Kong Stock Connect, investors in Mainland China entrust securities companies based in the Mainland to trade stocks listed on SEHK through a securities trading service company established by the SSE. Stocks eligible for trading through Hong Kong Stock Connect are the constituent stocks of HSLI and HSMI—the large-cap and mid-cap indexes of HSCI—as well as the “A+H shares” that are listed on both SEHK and SSE. Currently, 264 stocks are eligible for trading through Hong Kong Stock Connect, accounting for about 80% of the total market capitalization and trading volume of SEHK listed stocks.

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