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The world's second largest index company announced on Thursday that it will include Chinese A shares into the FTSE GEIS starting from June 2019.
世界第二大指数编制公司周四宣布,从2019年6月起将中国A股纳入富时罗素指数。
According to a notice on its official website, FTSE Russell plans to implement1 the inclusion in three separate tranches through to March 2020 while seeking market feedback after each addition.
The Chinese shares are expected to represent about 5.5 percent of the total FTSE Emerging Index after the first phase is completed. Within the FTSE Global All Cap Index, Chinese A Shares are projected to have a weight of 0.57 percent.
The global index provider praised the efforts by Chinese authorities in improving market access to global investors2, including the Qualified4 Foreign Institutional Investor3 (QFII) and Renminbi Qualified Foreign Institutional Investor (RQFII) initiatives.
CEO Mark Makepeace of FTSE Russell said the index company is pleased to announce the news and that China will also be added to a watch list for possible inclusion in the FTSE's global bond indexes.
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