FTSE China A50 Index Adds GigaDevice, Montage Technology, Dongshan Precision, Shenghong Tech, and Weichai Power
N.R. Finch
FTSE Russell announced its quarterly review on June 3, adding five new stocks to the A50 index and removing five — effective after market close on June 18. The reshuffle tilts the index notably toward semiconductors and electronics manufacturing.
Who's in and who's out of the A50?
Added: GigaDevice (兆易创新), Montage Technology (澜起科技), Dongshan Precision (东山精密), Shenghong Tech (胜宏科技), Weichai Power (潍柴动力).
Removed: China State Construction, Haitian Flavouring, Haier Smart Home, Ping An Bank, Mindray Medical — spanning property, consumer, financials, and healthcare.
This means → the index's sector gravity shifts from "old economy + big consumer" toward tech manufacturing.
Why do semiconductors and electronics dominate the additions?
Of the five new names, GigaDevice makes memory chips, Montage makes memory-interface chips, and Dongshan Precision and Shenghong Tech make PCBs — printed circuit boards, the "backplane" connecting chips inside electronic devices.
In plain terms = four of the five sit on the chip-to-device supply chain. Only Weichai Power is traditional manufacturing.
This reflects a real shift in A-share market-cap rankings — semiconductor and electronics firms have swelled enough to cross the top-50 threshold.
What changed in the Hong Kong–listed FTSE China 50?
Added: GigaDevice and YOFC (长飞光纤光缆). Removed: China Tower and CRRC.
GigaDevice enters both the A50 and the China 50 — the only stock added to both indices in this review.
This means → passive funds tracking the two indices will buy GigaDevice from both directions simultaneously.
What does the reserve list signal?
A50 reserves: AMEC (中微公司), Hongqiao Holdings, Shengyi Technology, Longsys, YOFC — semiconductor equipment, PCB materials, and storage modules are still queuing up.
China 50 reserves: China Coal Energy, Geely, Lens Technology, MiniMax-W, Sanhua Intelligent Controls — AI and EVs are also knocking on the door.
In plain terms = the reserve list is the "most likely next entrants" bench. If these companies' market caps keep rising, they stand a strong chance of inclusion in the next reshuffle.
Content is for reference only, not financial advice.