The international index company MSCI (MSCI) announced the latest adjustment, the global standard benchmark MSCI AC World Index (MSCI ACWI) will add 13 stocks and remove eight stocks. The adjustment will take effect after the close of business on the 31st.
Archyde.com reported that among the 13 new stocks added this time, the top three in terms of market capitalization are U.S. diversified multinational manufacturer Carlisle (Carlisle).CLS-US), real estate developer Texas Pacific Land (Texas Pacific Land) (TPL-US), REITs Gaming and Leisure Properties (Gaming and Leisure Properties) (GLPI-US)。
The top three stocks by market value included in the MSCI Emerging Markets Index are China’s Tianqi Lithium (002466-CN), Qinghai Salt Lake Industry Group (000792-CN), and Beijing Tongrentang (600085-CN)。
According to MSCI data as of the end of July, MSCI ACWI covers nearly 2,900 stocks from 47 developed and emerging markets.
As of the end of July, there were 1,380 individual stocks in the MSCI Emerging Markets Index. China topped the list with a weight of 32%, followed by Taiwan (14.83%), India (13.96%), South Korea (11.98%), Brazil (5.18%), The remaining countries accounted for 22.01%.
MSCI publishes quarterly and semi-annual adjustments in February, May, August and November each year, with May and November being semi-annual adjustments and February and August being quarterly adjustments. In addition to changes in constituent stocks, MSCI will also announce changes in market weights, which will affect the allocation and flow of funds in global funds.