(Yicai Global) Nov. 1 -- China's Hong Kong-listed new economy stocks such as Xiaomi and Meituan Dianping could be included in MSCI Global Investable Market Indexes from last year following a rule change at the largest global index provider.

After 18 months of consultations, MSCI will begin to accept companies with weighted voting rights, the US-based firm said in a statement. These companies grant more power to certain shareholders like founders and high-ranking executives.

MSCI aims to reflect the complete investable equity environment for international institutional investors in its indexes so will make such firms eligible for inclusion in the MSCI Global Investable Market Indexes at their free float market capitalization weight.

MSCI will also launch a new index series as a substitute for the MSCI Global Investable Market Indexes as part of efforts to offer choice and flexibility to international institutional investors who wish to reflect voting rights in their equity benchmarks. It plans to launch the new index series in the first quarter of next year.

Editor: William Clegg