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FTSE says to add Didi in indexes as planned on July 8, barring trade halt


FTSE says to add Didi in indexes as planned on July 8, barring trade halt
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FTSE says to add Didi in indexes as planned on July 8, barring trade halt
Index publisher FTSE Russell said Didi Global Inc will be added to its global equity indexes as scheduled on July 8, but not if trading in shares of the Chinese ride-hailing company is suspended during U.S. market hours on Wednesday.
FILE PHOTO: A man walks past the headquarters building of Chinese ride-hailing service Didi in Beijing, China July 5, 2021. REUTERS/Tingshu Wang/File Photo
07 Jul 2021 11:10AM
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FTSE : says to add Didi in indexes as planned on July 8, barring trade halt


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SHANGHAI (Reuters) - Index publisher FTSE Russell said Didi Global Inc will be added to its global equity indexes as scheduled on July 8, but not if trading in shares of the Chinese ride-hailing company is suspended during U.S. market hours on Wednesday.
FTSE Russell said earlier this month Didi will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index in an expedited entry following the Chinese company s $4.4 billion listing on the New York Stock Exchange last week.
But Didi and its investors have been thrown into turmoil since late last week as Chinese regulators launched a crackdown on the company. Its shares slumped in U.S. trading on Tuesday, in the first session since the regulators ordered the company s app to be taken down in China. ....

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China's Xpeng to be added to FTSE's equity indexes on July 8


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SHANGHAI Chinese electric vehicle maker Xpeng’s American Depositary Receipts will be added to FTSE Russell’s global equity indexes on July 8, the index publisher said.
Xpeng shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website.
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China s Xpeng to be added to FTSE s equity indexes on July 8 Back to video
The announcement came after Guangzhou-based Xpeng said on Wednesday it would raise $1.8 billion in a Hong Kong dual primary listing to expand its product line-up and develop its technology. ....

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China's Xpeng to be added to FTSE's equity indexes on July 8 | WSAU News/Talk 550 AM · 99.9 FM


By Syndicated Content
Jul 1, 2021 | 6:52 PM
SHANGHAI (Reuters) – Chinese electric vehicle maker Xpeng’s American Depositary Receipts will be added to FTSE Russell’s global equity indexes on July 8, the index publisher said.
Xpeng shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website.
The announcement came after Guangzhou-based Xpeng said on Wednesday it would raise $1.8 billion in a Hong Kong dual primary listing to expand its product line-up and develop its technology.
The company said on Thursday that it delivered 17,398 vehicles in the second quarter, a five-fold increase from a year earlier. ....

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