STANDARD ANNOUNCEMENTS - May 11, 2023 at 09:40 PM GMT
Announcement for May 11, 2023 at 09:40 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

UPDATE ON TREATMENT OF ADRS WHERE UNDERLYING SHARES ARE NOT AVAILABLE FOR TRADING AS PART OF THE MAY 2023 INDEX REVIEW

As announced on May 5, 2023, following feedback from market participants regarding the uncertainty around the free float availability of certain American Depositary Receipts (ADRs) where underlying shares are not available for trading, MSCI will not implement additions and will freeze any upward size-migrations of such securities within the MSCI ACWI IMI, the MSCI China All Shares IMI and relevant MSCI J-Series Indexes as part of the May 2023 Index Review.

Therefore, MSCI will not implement the below changes:

Addition to the Standard Size-Segment
Security Name - (MSCI Security Code/RIC Code)
*   FULL TRUCK ALLIANCE ADR (20152.01/YMM.N)

Migration from the Small Cap Size-Segment to the Standard Size-Segment
Security Name - (MSCI Security Code/RIC Code)
*    RLX TECHNOLOGY ADR (18259.01/RLX.N)
*    MELCO RSRTS & ENTMT ADR (69939.02/MLCO.OQ)

Addition to the Small Cap Size-Segment
Security Name - (MSCI Security Code/RIC Code)
*    EHANG HOLDINGS A ADR  (14080.01/EH.OQ)
*    FANHUA ADR  (73061.01/ FANH.OQ)
*    GAOTU TECHEDU A ADR  (98680.01/GOTU.N)
*    STUDIO CITY INTL A ADR (97629.01/ MSC.N)
*    YATSEN HOLDING A ADR  (16734.01/YSG.N)

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.