(16 May 2017 - Hong Kong) – Kaisa Group Holdings Limited (“Kaisa” or the “Company”, SEHK stock code: 1638, together with its subsidiaries, the “Group”), a property developer established in Shenzhen with a countrywide foothold in China, is pleased to announce that, the Group will be added as a constituent of the MSCI Global Small Cap Indexes. The change will be implemented as of the market close of 31 May 2017.
It is encouraging for the Group to be included into MSCI China Small Cap Index as the index is highly influential and is generally used as investment reference at the global capital market. The inclusion demonstrates the wide recognition of the Group's business model and future prospects in the international capital market.
The MSCI China Small Cap Index is designed to measure the performance of the small cap segment of the China market, which serves as one of the most widely used benchmarks by institutional investors for stock selection and investment. With over 400 constituents, the index represents approximately 14% of the free float-adjusted market capitalization of the China equity universe.
