(Yicai Global) Feb. 13 -- Morgan Stanley Capital International announced its quarterly index adjustments yesterday that added seven new stocks to the MSCI China A Index, with three removed, in changes that are scheduled to take effect at the close of trading on Feb. 28.
The new additions are Bank of Hangzhou Co. [SHA:600926], HNA Infrastructure Investment Group Co. [SHA:600515], Shandong Buchang Pharmaceuticals Co. [SHA:603858], Tianjin Guangyu Development Co. [SHE:000537], Hangzhou Silan Microelectronics Co. [SHA:600460], Xinjiang Urban Construction (Group) Co. [SHA:600545] and Sichuan Tuopai Shede Spirits Co. [SHA:600702].
Started in May 2005, “the MSCI China A Index captures large and mid cap representation across China securities listed on the Shanghai and Shenzhen exchanges,” according to the US-based compiler of international stock market indicators.
Leaving the MSCI China A Index are Kingswood Enterprise Co. [SHA:600255], AECC Aero Science and Tech Co. [SHA:600391] and Beingmate Baby & Child Food Co. [SHE:002570].
In addition, eight stocks were added to the MSCI China All Shares Index, with the three largest being Greenland Holdings Co. [SHA:600606], Yunnan Baiyao Group Co. [SHE:000538] and Bank of Hangzhou Co. [SHA:600926]. No deletions were made.
Seven constituents joined the MSCI China A Large Cap Provisional Index, and two were removed. Greenland Holdings Co. A [SHA:600606], Yunnan Baiyao Group Co. [SHE:000538] and Meinian Onehealth Co. [SHE:002044] topped the list of the new additions by market cap.