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February 14, 2020

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MSCI China set to grow

By Rich Zhu | 00:05 UTC+8 February 14, 2020 | Print Edition

Beijing Kingsoft Office Software will be included in the latest update of MSCI’s China share index later this month, MSCI announced yesterday, and will be the first SSE STAR-listed company to join the globally recognized benchmark.

The inclusion, effective as of February 28, will bring global capital and attention into the company and the SSE STAR Market, China’s Nasdaq-style board aiming at supporting tech startups.

In total, the updated MSCI China All Shares Index will have nine additions and three deletions.

The three largest additions to the index, measured by full company market capitalization, will be Beijing-Shanghai High-Speed Railway, People’s Insurance and Beijing Kingsoft, according to MSCI.

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