FTSE Russell to add Xiaomi, Luokung Tech back to global indexes

Luokung Technology

25/05/2021 01:59

SHANGHAI, May 25 (Reuters) - FTSE Russell said it will add
Xiaomi Corp  1810.HK  and Luokung technology  LKCO.O  back to
its global indexes.
    Xiaomi will be added to FTSE GEIS in two tranches, with 50%
added effective from the open on June 7, and 50% added from the
open on June 21, FTSE said in a statement. 
    Luokung will be added to FTSE GEIS in conjunction with the
June 2021 review, effective from the open on June 21.
    The announcement came after the United States decided to
remove Xiaomi and Luokung from a government blacklist.    

 (Reporting by Shanghai newsroom; Editing by Kim Coghill)
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