Msci Index License Agreement

The five MSCI index futures, which have been successfully traded on the HKEX derivatives market, are: Hong Kong Exchanges and Clearing Limited (HKEX) looks forward to hosting today (Monday) the introduction of the latest tranche of futures contracts as part of their new index licensing agreement with MSCI Inc., which further expands the breadth and depth of products in Hong Kong`s international financial markets. The MSCI China A 50 Index is based on its flagship MSCI China A Index, and is expected to reflect the performance of the 50 largest stocks in the MSCI China A Index, ranked according to the national market capitalization adjusted for dispersed ownership. In May 2020, HKEX signed a major agreement with MSCI to license a series of MSCI indices in Asia and Emerging Markets for the introduction of futures and options in Hong Kong. The agreement expands the existing partnership between the two companies and enshrines HKEX and MSCI`s commitment to a long-term product development and innovation agenda in the region. The MSCI India Index is an equity-adjusted market capitalization index designed to track developments in Indian stock markets listed on the National Stock Exchange and the Bombay Stock Exchange. The MSCI India Total Return Index takes into account both price developments and dividend income, while the MSCI India Price Return Index only takes into account price developments. The MSCI India Index is based on the MSCI Global Investable Market Indexes Methodology, which aims for a floating market capitalization of 85%. The index has a base date of December 31, 1992. The MSCI China 50 Index also applies the methodology of the MSCI 25/50 index, according to which the weight of a single group unit must not exceed 25% of the index and the sum of the weights of all group units weighing more than 5% in the index cannot exceed 50% of the index. Meanwhile, HKEX announced on Thursday that it had extended its licensing agreement with MSCI to the MSCI Taiwan 25/50 index. HONG KONG, May 26, 2020 /PRNewswire/ — Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today that its wholly owned subsidiary, Hong Kong Futures Exchange Limited, has signed a major licensing agreement with MSCI Inc.