China's Didi Global to be added to FTSE's equity indexes on July 8
Didi Global Inc will be added to FTSE Russell's global equity indexes on July 8 in an expedited entry following Wednesday's US stock market debut of Chinese ride-hailing company, index publisher said
 "Didi Chuxing")
Logo of Didi Chuxing (Photo: Reuters)
SHANGHAI (Reuters) - Didi Global Inc will be added to FTSE Russell's global equity indexes on July 8 in an expedited entry following Wednesday's U.S. stock market debut of the Chinese ride-hailing company, the index publisher said.
Didi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website.
The announcement came as Didi, backed by Japan's SoftBank Group Corp, rose slightly on its U.S. debut, valuing it at $68.49 billion, in the biggest U.S. listing by a Chinese company since 2014.
Didi is also backed by technology companies Alibaba, Tencent and Uber.
(Reporting by Samuel Shen and Andrew Galbraith; Editing by Muralikumar Anantharaman)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Jul 01 2021 | 7:44 AM IST