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- Press Releases
- 11/08/2019
MSCI Expanding China Index Offering and USI Being Included into MSCI Emerging Markets Indexes
(2019-11-08 Shanghai) On the morning of November 8 (Beijing Time), the indexing company MSCI announced that it would implement the third step of expanding its China index offering for China A inclusion process. The inclusion factor of a total of 244 large cap A-shares in the index (including eligible GEMs) in the MSCI Emerging Markets Indexes increased from 15% to 20%. Meanwhile, it included a total of 228 mid cap A-shares (including eligible GEMs) including USI (SSE: 601231) into the MSCI Emerging Markets Indexes all at once with a 20% inclusion factor. The above changes will take effect after closing on November 26, 2019.
So far, China A will have a weight of 12.1% and 4.1% in the MSCI China Indexes and the MSCI Emerging Markets Indexes, respectively. CICC estimated that this large cap share inclusion factor would increase from 15% to 20%, which will bring about $20 billion worth of capital inflows, representing 54% of total inflows. The mid cap share inclusion factor would increase from 0% to 20%, which will generate about$17 billion worth of capital inflows, representing46% of total inflows.
The inclusion of USI into MSCI Emerging Markets Indexes is beneficial to the Company to increase market exposure and attention from overseas institutions, especially the passive allocation of ETF products that receive MSCI related indices.
About USI
USI (SSE: 601231), Universal Scientific Industrial (Shanghai) Co., Ltd., provides design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices/modules for brand owners. USI is a member of ASE Technology Holding (TWSE: 3711, NYSE: ASX) and has many years of experience in the electronics manufacturing services industry and leverages the industry-leading technology of ASE Group, which enables USI to offer customer diversified products in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics worldwide. USI has a sales service network in America, Europe, and Asia; and manufacturing sites in Mainland China, Taiwan, Mexico and Poland. For more information, please visit USI at www.usiglobal.com.
So far, China A will have a weight of 12.1% and 4.1% in the MSCI China Indexes and the MSCI Emerging Markets Indexes, respectively. CICC estimated that this large cap share inclusion factor would increase from 15% to 20%, which will bring about $20 billion worth of capital inflows, representing 54% of total inflows. The mid cap share inclusion factor would increase from 0% to 20%, which will generate about$17 billion worth of capital inflows, representing46% of total inflows.
The inclusion of USI into MSCI Emerging Markets Indexes is beneficial to the Company to increase market exposure and attention from overseas institutions, especially the passive allocation of ETF products that receive MSCI related indices.
About USI
USI (SSE: 601231), Universal Scientific Industrial (Shanghai) Co., Ltd., provides design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices/modules for brand owners. USI is a member of ASE Technology Holding (TWSE: 3711, NYSE: ASX) and has many years of experience in the electronics manufacturing services industry and leverages the industry-leading technology of ASE Group, which enables USI to offer customer diversified products in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics worldwide. USI has a sales service network in America, Europe, and Asia; and manufacturing sites in Mainland China, Taiwan, Mexico and Poland. For more information, please visit USI at www.usiglobal.com.
