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    MSCI   US55354G1004

MSCI INC.

(MSCI)
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MSCI : Launches China Tech Indexes Reflecting the Growth of China's “Smart Economy”

02/04/2021 | 02:40am EDT

PRESS RELEASE

MSCI Launches China Tech Indexes Reflecting

the Growth of China's "Smart Economy"

HONG KONG - February 4, 2021 - MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, has launched the MSCI China Tech 100 Index and the MSCI China A Onshore Tech 100 Index to meet the needs of international and

domestic investors looking to invest in companies that are at the forefront of the technology and innovation-led economy in China.

Jack Lin, Head of APAC Client Coverage, commented, "For the past five years, China has been

transitioning from an 'old economy' focused on manufacturing to a 'smart economy' driven by consumption and services, with Chinese companies increasingly taking leading positions globally in

terms of innovation and R&D expenditure."

He added, "The industrial innovation and growth of a technology-based digital ecosystem is transforming traditional sectors and creating new sectors. This has placed limitations on the traditional single-sector-based approach in terms of measuring the performance of technologies that are transforming activities as diverse as consumption, mobility, automation and healthcare services. Investors have expressed demand for innovative solutions thatare unconstrained by traditional industry classifications and that is what these new broad-based indexes are designed to deliver."

With a methodology combining 27 technology sub-themes, these indexes are constructed with an understanding that companies in the technology value chain may be found not just in information technology but may exist across many traditional industries. They offer a sector-agnostic methodology,

with inclusion criteria independent of a company's industry or sector classification, allowing broader representation across multiple industries and sectors.

The indexes aim to represent the performance of growth-orientated, disruptive companies that are, through technology, transforming business models and how businesses interact with society. They are designed to include stocks from the consumer, communication services, healthcare and information technology sectors, which may see a rise in the number of companies as the smart economy grows. The target business activities or sub-themes can be expanded and evolved to reflect the development of technology innovation over time.

Doug Walls, Head of Index, APAC, said, "China has enjoyed high levels of economic growth over the past 30 years of economic reform, and is set to contribute 19% of global gross domestic product (GDP) by 2024. Its overall R&D spending has hit USD 463 billion in recent years, second only to the US. During the past few years, technological innovation was identified as a key enabler to transform China's economy and has been embedded in many sectors and across the whole product and service lifecycle, turning China into a global leader in technology and thedigital ecosystem. These indexes aim to support

investors that are looking for ways to capitalise on this trend."

The indexes have several potential applications for institutional investors:

  • Enable asset owners to issue mandates on themes or combination of themes related to China tech
  • As an investment policy benchmark to guide strategic asset allocation
  • As the underlying index for products such as ETFs and mutual funds
  • As a transparent benchmark to measure performance of asset managers

PRESS RELEASE

  • As a tool to enable banks to develop thematic structured products

-Ends-

About MSCI

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We createindustry-leadingresearch-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit www.msci.com.

Investor Inquiries

Investor.relations@msci.com

Salli Schwartz

+1 212 804 5306

Media Inquiries

PR@msci.com

Melanie Blanco

+1 212 981 1049

MSCI Global Client Service

EMEA Client Service

+ 44 20 7618.2222

Americas Client Service

+1 888 588 4567 (toll free)

Asia Pacific Client Service

+ 852 2844 9333

The information contained herein (the "Information") may not be reproduced or redisseminated in whole or in part without prio r written permission from MSCI. The Information may not be used to verify or correct other data, to create any derivative works, to create indexes, risk models, or analytics, or in connection with issuing, offering, sponsoring,

managing or marketing any securities, portfolios, financial products or other investment vehicles. Historical data and analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information or MSCI index or other product or service constitutes an offer to buy or sell, or a promotion

or recommendation of, any security, financial instrument or product or trading strategy. Further, none of the Information or any MSCI index is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. The Information is provided "as is" and the

user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. NONE OF MSCI INC. OR ANY OF ITS SUBSIDIARIES OR ITS OR

THEIR DIRECT OR INDIRECT SUPPLIERS OR ANY THIRD PARTY INVOLVED IN MAKING OR COMPILING THE INFORMATION (EACH, AN "INFORMATION PROVIDER") MAKES

ANY WARRANTIES OR REPRESENTATIONS AND, TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH INFORMATION PROVIDER HEREBY EXPRESSLY DIS CLAIMS ALL IMPLIEDWARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. WITHOUT LIMITING ANY OF THE FOREGOING AND

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL ANY OF THE INFORMATION PROVIDERS HAVE ANY LIABILITY REGARDING ANY O F THE INFORMATION FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL (INCLUDING LOST PROFITS) OR ANY OTHER DAMAGES EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited. Privacy notice: For information about how MSCI collects and uses personal data, please refer to our Privacy Notice at https://www.msci.com/privacy -pledge.

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

MSCI Inc. published this content on 04 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2021 07:39:04 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 1 984 M - -
Net income 2021 777 M - -
Net Debt 2021 1 909 M - -
P/E ratio 2021 61,9x
Yield 2021 0,58%
Capitalization 47 719 M 47 719 M -
EV / Sales 2021 25,0x
EV / Sales 2022 22,6x
Nbr of Employees 3 728
Free-Float 60,2%
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MSCI Inc. Technical Analysis Chart | MSCI | US55354G1004 | MarketScreener
Technical analysis trends MSCI INC.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 578,95 $
Average target price 532,20 $
Spread / Average Target -8,07%
EPS Revisions
Managers and Directors
Henry A. Fernandez Chairman & Chief Executive Officer
Carroll Douglas Baer Pettit President & Chief Operating Officer
Andrew C. Wiechmann Chief Financial Officer
Jigar Thakkar Chief Technology Officer & Head-Engineering
Linda H. Riefler Independent Director
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