The Indonesia Stock Exchange (BEI) has issued a detailed explanation regarding the removal of HSC shares from the calculation of the IHSG index. This decision comes alongside ongoing investigations into alleged violations within the capital market. The BEI clarified that the removal does not necessarily indicate any wrongdoing by HSC. The exchange addressed concerns surrounding the potential impact of these developments on domestic mutual fund portfolios. The explanation aims to provide transparency and reassure investors about the stability of the Indonesian stock market. Further details regarding the alleged violations and the ongoing investigations were not immediately disclosed, but the BEI affirmed its commitment to market integrity. The move intends to maintain a fair and orderly trading environment within Indonesia.