(Yicai Global) Nov. 14 -- Global index compiler MSCI plans to add several more onshore Chinese stocks to its closely watched emerging markets gauge as part of a semi-annual review.
MSCI will include express courier S.F. Holding, 360 Security Technology and China Shipbuilding Industry, among others, to the benchmark, news portal Sinanet reported today, citing the New York-based company. The changes will take effect at the end of this month. The report did not give any further information.
MSCI said last year that it would include so-called A-shares in two of its bourse trackers, the MSCI Emerging Markets Index and the global MSCI ACWI Index. On May 15 this year, a first wave of 234 Chinese companies was added to the emerging markets gauge, after which eight were suspended and 10 added.