On November 12th, MSCI announced an update to its Global Investable Market Indexes. This decision will see the inclusion of 14 overseas listed Chinese Companies in its global indices.
Commenting on the announcement, Neil Atkinson, Asia-Pacific Head of Depositary Receipts at BNY Mellon said, “Inclusion in the MSCI indices is an excellent way for the newly included companies to enhance their profile amongst the global investment community. In the near term, their inclusion will drive passive investment to these companies. This is a natural progressive step which we have been expecting given the continued appetite from international investors to invest in companies that are defining China’s new economy.”
BNY Mellon acts as depositary for more than 2,700 American and global depositary receipt programs as of September 30, 2015. Acting in partnership with leading companies from over 65 countries, BNY Mellon is committed to helping securities issuers access the world's rapidly evolving financial markets and delivers a comprehensive suite of depositary receipt services. Learn more at www.bnymellon.com/dr.