60 More Chinese Stocks to Be Culled From MSCI Indexes

Almost 200 Chinese stocks have been or will be removed from the indexes this year as global investors have become cautious of the market and geopolitical risks.

An electronic screen displays (from top) the Hang Seng Index, Hang Seng China Enterprises Index (HSCEI), Hang Seng Tech Index, and MSCI China Index in Hong Kong, on March 15, 2022. Paul Yeung/Bloomberg via Getty Images

MSCI Inc. is culling 60 more Chinese stocks from its indexes in its latest quarterly review, the U.S. index provider said on Monday.

It’s the third large-scale removal of Chinese stocks from the MSCI Global Standard indexes this year following 66 and 56 deletions announced in February and May, respectively.