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Key MSCI index adds five STAR securities
1 2021-05-13 09:59:39China Daily
Editor : Wang Yifan
ECNS App Download An attendee takes a snapshot at the launch ceremony of the STAR Market in Shanghai. (Photo by Wu Jun/For China Daily)
The technology-focused STAR Market of the Shanghai Stock Exchange is gaining increasing attention from international investors, judging by the latest inclusion of five STAR Market stocks in the MSCI flagship index.
Five STAR Market stocks were included in the MSCI China A Index Series which was revised on Tuesday to add Tianjin-based biomedicine company CanSino Biologics Inc, China Railway Signal & Communication Corporation Ltd, Shanghai-based semiconductor maker Montage Technology, battery test equipment manufacturer Zhejiang HangKe Technology Inc Co and Yantai-based electrical components maker Raytron Technology.
By Addison Gong
22 Feb 2021
In this round-up, China urges the US to help improve their bilateral relationship, the banking and insurance regulator sets restrictions on lenders participating in the online loan market, and FTSE Russell decides to include 11 Star market stocks in its global equity benchmarks.
China is open to more dialogue and cooperation with the US to “put the Sino-US relationship back on track”, Chinese foreign minister Wang Yi said at an event on Monday. Beijing is willing to contribute together with the US in fighting the Covid-19 pandemic and climate change, as well as in the global economic recovery, said Wang, calling these the “most urgent tasks facing the international society”.