1.MSCI is the abbreviation of Morgan Stanley Capital International, commonly known as Morgan Stanley (Xiao Mo refers to JP Morgan in JPMorgan Chase, a pure commercial bank), whose main business is securities and investment management. MSCI China Index refers to the index compiled by Morgan Stanley International Finance Corporation (MSCI) to track the performance of Chinese concept stocks. At present, almost every researcher, trader, fund manager and scholar in the global market will refer to the MSCI index to make an interpretation and understand what they can't study.

2. At present, there are 705 stocks in MSCI China Index (466 A shares, 2 B shares, 206 Hong Kong stocks and 3/kloc-0 stocks), of which Alibaba and Tencent account for about 17% and 12% respectively, while A shares together only account for1/kloc. There is still a lot of room for improvement in the weight of A shares. MSCI announced the semi-annual index adjustment results of 1 1 in official website, and 39 stocks such as Big Dipper and Chifeng Gold were newly included in the MSCI China Index, while 32 A-share stocks such as Angang Steel and Beiqi Blue Valley were excluded. The MSCI China Index includes all China stocks in the MSCI Emerging Markets Index. Due to the huge amount of funds tracking MSCI Emerging Markets Index worldwide, the new inclusion or exclusion of the index means that stocks will attract or be abandoned by passive incremental funds.

3. The breakdown of the top three industries in the allocation of enhanced A funds by CCB MSCI China A-share index is as follows: the allocation of manufacturing funds is 58.5 1%, with an average of 5 1.54%, which is 6.97% more than similar allocations; The allocation of industry funds in the financial industry is 18.92%, with an average of14.10/%,which is 4.81%more than the same kind; The allocation of funds for information transmission, software and information technology services is 4.03%, with an average of 5.84% in the same category, which is less than that in the same category 1.8 1%.

The fund A strengthened by the China A-share index of CCB Morgan Stanley Capital International has undergone major selling changes. The changed stock is: China Ping An (60 13 18), accounting for 3.73% of the initial fund's net asset value, and the accumulated selling amount in this period is 511ten thousand yuan; Industrial Bank (60 1 166) accounts for 2. 13% of the net asset value of the initial fund, and the accumulated selling amount in this period is 2,922,200 yuan; Tongwei shares (600438) accounted for 2 1 1% of the net asset value of the initial fund, and the accumulated selling amount in this period was 2,893,700 yuan.