MSCI Inc. (MSCI, Financial) has released its May index review results, announcing adjustments to the MSCI Global Stock Index (ACWI). The index will see the addition of 30 stocks and the removal of 61 stocks. Specifically, the MSCI China Index will include six new stocks: VeriSilicon Microelectronics, Baili Tianheng, Peijia Medical, Enlight Media, and Haisco. Meanwhile, 17 stocks will be removed, including Hisense Home Appliances, FAW Jiefang, Shanghai Pharmaceuticals, and JCHX Mining Management.
These changes will take effect after the market close on May 30. The MSCI China Index is part of the MSCI Emerging Markets Index, so inclusion in the MSCI China Index means a stock also becomes part of the MSCI Global Standard Index series, attracting passive investment tracking.
