Press Conference and Seminar on FTSE Russell's 2018 China A-Shares Evaluation Results
On 27 September 2018, the Press Conference and Seminar on FTSE Russell's 2018 China A-Shares Evaluation Results was held at the trading floor of the Shanghai Stock Exchange (SSE). FTSE Russell announced that it would include the A shares in its FTSE Global Equity Index Series (FTSE GEIS) with the Secondary Emerging Market Status, starting from June 2019.
Officials from the China Securities Regulatory Commission (CSRC), the People's Bank of China (PBOC), FTSE Russell Group, the SSE, the Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Co., Ltd. (CSDC), and nearly 100 representatives of more than 60 financial institutions from home and abroad attended the conference and witnessed this important moment for the opening up of China's capital market. Delivering speeches at the event were Fang Xinghai, Vice Chairman of CSRC, Mark Makepeace, CEO of FTSE Russell, Jiang Feng, President of the SSE, Zhang Zhaoyi, Chief Risk Officer of the SZSE, and Zou Lan, Deputy Director of the Market Department of the PBOC. Huang Hongyuan, Chairman of the SSE, was also present at the event. FTSE Russell is the second world major equity index provider to include China's A-Shares in its index series following the MSCI.
After the press conference, representatives from CLSA, HuaAn Funds, CSOP Funds, Vanguard Investment Management, Legal & General Investment Management, UBS Securities and HSBC participated in the roundtable forum to discuss with the attendees on the hot topics such as the impact of the inclusion of A shares into the global index, and the channels for international investors to invest in the A-share market and their main considerations.