MSCI index half-year adjustment! MSCI announced the latest semi-annual adjustment today (15th) Taiwan time. The Taiwan stock constituent stocks of the Global Standard Index added Shichi-KY (3661) and deleted one level each (9921). The Taiwan stock constituent stocks of the Global Small Cap Index The addition of 8 files and the deletion of 1 file will take effect after the market closes on November 30.
MSCI semi-annual adjustment! Taiwanese constituent stocks increased by Shixin-KY and increased significantly. Picture/retrieved from Getty Images (DKosig via Getty Images)
In this MSCI weight adjustment, the weight of Taiwan stocks in the “MSCI Global Emerging Markets Index” was reduced from 15.1% to 15.07%, a decrease of 0.03%, and the weight of the “MSCI Asia ex Japan Index” was reduced from 17.28% to 17.22%, a decrease of 0.03%. 0.06%, and the weight in the “MSCI Global Market Index” was increased from 1.60% to 1.61%, an increase of 0.01%. The latest weights will take effect at the close of trading on 11/30.
As for the constituent stocks of the MSCI Taiwan Index, the addition of Shixin to the constituent stocks this time has been huge. The index constituent stocks remain at 90 levels, and 20 constituent stocks have adjusted the number of outstanding shares. The largest weight increase this time is the newly added constituent stocks. Shixin, its weight is 0.57%. The biggest weight reduction was for TSMC, with its weight reduced by 0.2% to 42.02%.
In this quarterly adjustment of MSCI, looking at the “MSCI Global Emerging Markets Index”, the country with the largest weight increase this time is India, with a weight increase of 0.39%; while the countries with the largest weight decrease this time are China and Thailand, with their weights decreasing. 0.16% and 0.05%, and the weights of other countries have not changed much.
MSCI’s adjustment to China A Shares index constituent stocks is expected to take effect after the market closes on November 30.
MSCI announced the index adjustment plan early this morning. According to MSCI’s explanation, 17 stocks such as Shanghai United Imaging Medical were added to the constituent stocks this time, and 10 stocks such as Zibo Qixiang Tengda Chemical were deleted. After the adjustment, the MSCI China A-share index constituent stocks increased by 7 Gear to gear 563, gear turnover rate is about 1.3%. This adjustment has a large change in the number of constituent stocks, but the overall weight change is limited.
Since MSCI announced at the end of February 2019 that it would increase the weight of China A-shares in the MSCI series of indices, it has gradually increased the inclusion factor of China A-shares from the initial 2.5% to 20%, and has successively included them in the Growth Enterprise Market and the Science and Technology Innovation Board. The weight of individual stocks and A-shares has also continued to increase. Overall, China has recently continued to introduce real estate policies to support the real estate industry and also support local governments that focus on real estate finance. In the future, after the local debt replacement is completed, funds will return to the stock market again.
2023-11-15 00:43:54
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