| MSCI removes China Tourism, 59 more Chinese stocks as global investors turn to India
August 13, 2024--Other big names to be ejected from the MSCI indices include Beiqi Foton Motor, Ganfeng Lithium Group and GF Securities |
| Global index compiler MSCI will remove 60 Chinese stocks from its gauges in its latest quarterly review, the third straight cull this year, reflecting the waning significance of the nation's equities in overseas investors' portfolios. Fifty-six companies trading on China's onshore exchanges and four in Hong Kong will be removed from the MSCI China Index at the end of August, MSCI said in a statement on Monday. |