Changan added into MSCI China A-share inclusion

Shanghai (Gasgoo)- After undergoing a plenty of hardships and difficulties, yuan-denominated Chinese stocks, known as "A-shares" was finally included into global market research and index company MSCI's emerging market (EM) index. Chongqing Changan Automobile was also added into the MSCI China A inclusion index recently.

Multiple investors considered this is a chance for Changan to see stock price rise. However, an executive from Changan stated that entering into China's A-share MSCI inclusion will exert little impact on individual shares in a short term, but in the future, Chinese blue-chips like Changan will benefit a lot from entering into MSCI inclusion, because foreign inflows will continue to surge into the country's stock markets.

Being added into MSCI index meets Changan's expectation, because the automaker boasts good word of mouth in capital market for a long time, according to the executive of Changan.

Data showed that Changan keeps profitable for 10 years in a row. It gained profit of more than RMB 10 billion in 2016. In recent days, Changan ranked 79th with a brand value of RMB 35.6 billion on the list of Top 100 Chinese Listed Companies by Brand Value 2018. Strikingly, it ranked 5th in auto industry. What's more, the company also performed steadily in stock market, making Changan to be added into the MSCI A-share inclusion in the first batch successfully.