FTSE : says to add Didi in indexes as planned on July 8

FTSE : says to add Didi in indexes as planned on July 8, barring trade halt


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SHANGHAI (Reuters) - Index publisher FTSE Russell said Didi Global Inc will be added to its global equity indexes as scheduled on July 8, but not if trading in shares of the Chinese ride-hailing company is suspended during U.S. market hours on Wednesday.
FTSE Russell said earlier this month Didi will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index in an expedited entry following the Chinese company's $4.4 billion listing on the New York Stock Exchange last week.
But Didi and its investors have been thrown into turmoil since late last week as Chinese regulators launched a crackdown on the company. Its shares slumped in U.S. trading on Tuesday, in the first session since the regulators ordered the company's app to be taken down in China.

Related Keywords

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