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MSCI adds Beijing Kingsoft to indexes

Global investment benchmark provider MSCI will add office software developer Beijing Kingsoft into MSCI China A Onshore Indexes and MSCI China All Shares Indexes, effective Feb 28, the US-based company said on Wednesday. This marked the second time for MSCI indexes to include firms listed on Shanghai's new sci-tech innovation board, or the STAR Market. By the end of the month, the flagship MSCI Global Standard Indexes will also add six Chinese companies, listed both at home and abroad. The three largest additions by full company market cap will be People's Insurance, Wingtech Technology and Luckin Coffee.

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