60 More Chinese Stocks to Be Culled From MSCI Indexes

Published on August 13, 2024

MSCI Inc. is culling 60 more Chinese stocks from its indexes in its latest quarterly review, the U.S. index provider said on Monday. It’s the third large-scale removal of Chinese stocks from the MSCI Global Standard indexes this year following 66 and 56 deletions announced in February and May, respectively. Meanwhile, seven Indian stocks have been added to the list, narrowing the gaps between investments in the two countries. In a list published on Monday, MSCI Inc. said it’s adding two Chinese stocks to its global standard indexes and removing stocks of 60 companies from China and another from Hong Kong. The two additions are state-owned hydropower firm Huaneng Lancang and circuit board manufacturer Victory Giant....

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