MSCI China flagship index adjustment: New inclusions are Express Delivery (01519) and Aster (688472.SH), among other 8 stocks.

On February 12th, MSCI announced the results of the February index review, with the adjustments taking effect after market close on February 28th. The MSCI China Index added 8 new stocks including Bestechnic (Shanghai) Co., Ltd. (688608.SH), Ccoop Group Co., Ltd. (000564.SZ), Aste (688472.SH), and Jitu Express (01519), while removing 20 stocks including Autobio Diagnostics (603658.SH), Asymchem Laboratories (002821.SZ), and Shan Xi Hua Yang Group New Energy (600348.SH). Since the MSCI China Index is embedded in the MSCI Emerging Markets Index, inclusion in the MSCI China Index means being included in the MSCI Global Standard Index series, thereby attracting a significant amount of passive fund tracking.