COUNTRY GARDEN Added to FTSE Russell and MSCI Indices

Deep News
Mar 19

COUNTRY GARDEN Holdings is set to join the FTSE Russell Global Equity Index Series, with the inclusion becoming effective on March 20. It was the only real estate stock added in this round of adjustments.

This marks the second time within a month that COUNTRY GARDEN has been included in a major global index. On February 27, adjustments to the MSCI indexes took effect, which saw 21 stocks added to and 11 removed from the MSCI China Small Cap Index. COUNTRY GARDEN was the sole real estate company added during that rebalancing.

Analysts note that the most immediate impact of index inclusion is the inflow of deterministic passive investment funds. The FTSE and MSCI indexes serve as benchmarks for trillions of dollars in global assets. Inclusion means that passive funds tracking these indices are required to purchase COUNTRY GARDEN shares according to their weighting, generating stable incremental buying pressure.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10