Swire Properties(1972.HK)MSCI deletion as expected; good opportunity may have emerged
UBS·2024-08-13 12:04

ab 13 August 2024 Global Research and Evidence Lab First Read Swire Properties MSCI deletion as expected; good opportunity may have emerged What's new? In this morning, MSCI announced to delete Swire Properties (Swire) from the MSCI index and the changes will be effective at the close of 30 Aug. The deletion was in-line with our previous expectation, as its free float adjusted market cap has fallen below the required relative threshold size. UBS index team forecast US$127mn (or 69.6mn shares) will be sold o ...