FTSE Russell includes 11 Chinese stocks in global benchmark

In a significant development that marks a sharp contrast in Britain’s stands towards China, a post on index provider FTSE Russell states, it will “add 11 stocks from China’s STAR Market to its global benchmarks” thus allowing Beijing to benefit from Western investor funds while it continues to maintain a lack of transparency in its financial disclosures as long complained by regulators, including the FRC and the SEC.

The development marks the first time shares from Shanghai’s Nasdaq-style STAR Market China have been included in a global index.

The 11 stocks include Advanced Micro-Fabrication Equipment Inc China, Raytron Technology Co Ltd, Montage Technology Co Ltd, and Zhejiang HangKe Technology Co Ltd.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

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