MSCI last week released the results of its semi-annual index meeting for May 2022, including the MSCI China Index, the CICC report said. Since this is a semi-annual restructuring, the index increases and other restructuring activities involved are quite significant. MSCI China Index stocks have been converted into 33 new stocks (Hong Kong shares have added 4 cents), which are classified as 00316.HK, 09992.HK, 01368.HK and 01818.HK, and 45 dollars have been removed at the same time (all activities will take effect after the market closes on 31 May).

According to the bank index, the number of shares related to the Chinese market after the MSCI semi-annual inspection has dropped from 741 yen to 729 yen (of which A shares are 505 yen, with a weight of 16.7%; B shares are 4 yuan, with a weight of 0.3%; Hong Kong shares are 191 yen, with a weight of 74.6%; and Chinese stocks are 29 yen, with a weight of 8.5%).

CICC said that in addition to the restructuring of constituent shares, MSCI has adjusted the free circulation factor (FIF,Foreign Inclusion Factor) of 78 companies and the shareholding capital of 182 companies, so that constituent shares will have an impact on the weight of constituent shares in the index, such as heavy weighting.$Tencent (00700.HK) $The inflow of passive funds is expected to be US $705 million, Kuaishou Technology (US $489 million), 06618.HK (US $196 million), 02020.HK (US $56.7 million), LU.US (US $53.3 million) and so on.

In terms of cinema, CICC paid close attention to the overseas, special step, Yitai B (900948.SH), Popotte, and Beijing-Tianjin health, as well as face-to-face visits to the Bohai Sea Bank (09668.HK), Malaysia International (00336.HK), R & F (02777.HK), 02314.HK, 00004.HK and 06808.HK.

However, BABA (09998.HK), American Bank (03690.HK), Construction Bank (00939.HK), Beijing purchase Group (09618.HK), CITIC Voucher (06030.HK), China Ping an (02318.HK), Weimeng Collection (02013.HK), 09999.HK, Industrial and Commercial Bank of China (01398.HK) and China Bank of China (03988.HK) and other reasons for thinness or elimination, the weight of the index decreased the largest, ranging from 0.2% to 0.04%. (wl/a)

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