Chinaâs Didi to be added to FTSEâs equity indexes on July 8
SHANGHAI (Reuters) â Didi Global Inc will be added to FTSE Russellâs global equity indexes on July 8 in an expedited entry following Wednesdayâs U.S. stock market debut of the Chinese ride-hailing company, the index publisher said.
Didi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website.
The announcement came as Didi, backed by Japanâs SoftBank Group Corp, rose slightly on its U.S. debut, valuing it at $68.49 billion, in the biggest U.S. listing by a Chinese company since 2014.
SHANGHAI (Reuters) - Didi Global Inc will be added to FTSE Russell s global equity indexes on July 8 in an expedited entry following Wednesday s U.S. stock market debut of the Chinese ride-hailing company, the index publisher said.
Didi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website. The announcement came as Didi, backed by Japan s SoftBank Group Corp, rose slightly on its U.S. debut, valuing it at $68.49 billion, in the biggest U.S. listing by a Chinese company since 2014.
<ul>
<li><span>MSCI China Tech 100 Index Futures to focus on technology value chain in China</span></li>
<li><span>MSCI China/HK Listed Indexes offer exposure to Chinese equities</span></li>
<li><span>Further derivatives targeting investors in the APAC region</span></li>
</ul>
Explore Now
NEW DELHI: After a prolonged carnage since January 2018, midcaps and smallcaps have risen sharply in the last one year. The post-Covid market recovery not only lifted these ailing segments out of the rut, but also taken them past blue chips and largecaps in terms of percentage gains. Many of them also reported turnaround in earnings.
The BSE Smallcap Index has gone ahead of the Largecap Index in terms of forward valuations, while the Midcap Index is still trading at a 10 per cent discount. The Smallcap Index is up some 110 per cent in last one year, whereas BSE Midcap Index has delivered 81 per cent and the Sensex, 55 per cent.
Archegos Bikini Atolls - LewRockwell lewrockwell.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lewrockwell.com Daily Mail and Mail on Sunday newspapers.