On June 21, MSCI declared to bring A shares of Chinese stock market into MSCI emerging market index. MSCI plans to bring 222 A shares into the index in the first batch, including Tus-Sound Environmental.
Compared with the 169 shares originally expected, 53 additional shares were brought into the index. As forecasted by Goldman Sachs, additional foreign fund of USD 210 billion will flow into the market in the next five years.
MSCI is a top index company in the world, with totally more than USD 1 billion linked to its index products. Since MSCI started to appraise A shares of Chinese stock market for the purpose of integration into emerging market index in June 2013, three appraisals had been made for the A shares, but unfortunately they failed in all these appraisals.
As a large-scale and professional listed environmental company in China (stock code: 000826), Tus-Sound Environmental is dedicated to waste reclamation and sustainable development of environmental resources. Its main business covers solid waste disposal and utilization, resource recycling, Internet + environmental sanitation, comprehensive water treatment, manufacture of environmental equipment and sanitation vehicle, and so on. It has sound industrial chains, and can provide customers with comprehensive “one-stop” services and integrated environmental solutions in the field of solid waste disposal. At present, it has several subordinate companies, namely Beijing Sound New Sanitation Investment Co., Ltd., Sound (Tianjin) Renewable Resources Investment Holding Co., Ltd., and Hubei Eguard Environmental Equipment Co., Ltd., and has more than 500 project companies of various types. It is a leader in the environmental industry.