China stock exchanges see indices overhaul in favor of AI and Chip stocks
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China’s major stock exchanges are overhauling their benchmark indices to add domestic artificial intelligence and semiconductor companies while phasing out traditional consumer electronics manufacturers, reports Caixin. The semi-annual rebalancing, effective June 15, impacts more than a dozen key gauges including the CSI 300, SSE 50, and STAR 50. Passive funds are already injecting hundreds of millions […]
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