STANDARD ANNOUNCEMENTS - May 11, 2023 at 09:36 PM GMT
Announcement for May 11, 2023 at 09:36 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

SEMI-ANNUAL REVIEW OF THE MPFA INVESTMENT RESTRICTIONS FOR THE MSCI HONG KONG MPF INDEXES

According to Section 3.4 of the MSCI Hong Kong Mandatory Provident Fund (MPF) Indexes Methodology book, to ensure that the MSCI Hong Kong MPF Indexes accurately reflect the Mandatory Provident Fund Schemes Authority (MPFA) regulatory requirements, MSCI reviews the MPFA investment restrictions twice a year coinciding with the MSCI May and November Index Reviews.

MSCI has reviewed the Hong Kong MPFA investment restrictions as part of the May 2023 Index Review and the following Hong Kong MPFA investment restrictions will remain unchanged:

1. Eligible Securities.
2. Eligible Stock Exchanges.
3. Single Issuer Concentration Limit.
4. Hong Kong Dollar Currency Exposure.

MSCI has also updated Appendix II of the MSCI Hong Kong MPF Indexes Methodology book to reflect the change of withholding tax rates for companies incorporated in Sri Lanka and Morocco.

For more details on the MSCI Hong Kong MPF Indexes Methodology, please refer to the methodology book which is available at: https://www.msci.com/index-methodology

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.