- Press Releases
USI Is Included in the FTSE China A150 Index and China A200 Index
(2020-03-06 Shanghai) On March 4 (Beijing Time), FTSE Russell, the global index provider, announced that it would make changes to quarterly review of the FTSE China Index Series, which will take effect after the close of business on Friday, March 20. Eighteen individual stocks including USI (SSE: 601231) would be added to the FTSE China A150 Index, while fourteen individual stocks including USI would be added to the FTSE China A200 Index.
On February 21 this year, FTSE Russell announced that it had increased the inclusion factor of China A-shares from 15% to 25%. According to the official estimation of FTSE Russell, such increase in weight of A-shares is expected to bring passively allocated incremental capital inflows worth about USD 4 billion (about RMB 28 billion) to the A-shares companies listed in the index. USI joining the FTSE China A150 Index and A200 Index will help attract attention of more foreign capital to the Company and obtain passive allocation of relevant ETF index products.
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. To learn more, visit www.usiglobal.com and engage with us on LinkedIn and YouTube.