(Yicai Global) Feb. 14 -- The world's largest stock index provider MSCI has not included Beijing-Shanghai High-Speed Rail or Beijing Kingsoft Office Software in its China Index as investors cannot buy and sell the stocks via the Chinese mainland's Shanghai and Shenzhen stock links with Hong Kong.
The New York-based firm still included the two companies in its China All Shares Index and China A Onshore Index, it said in a statement yesterday unveiling its quarterly adjustments.
MSCI added seven new stocks to its Global Standard Index, including six Chinese, and removed four, three of which were Chinese. The China A Onshore Index added four other new constitutions on top of Beijing-Shanghai HSR and Kingsoft.
The adjustments did not affect Chinese mainland stocks' inclusion factor or their weight in MSCI's Emerging Markets Index.
MSCI also denied that it had added a company from China's new Star Market for innovative science and technology to its China Index, after the Economic Daily and other media reported it had done so.
Editor: James Boynton