ABC to allocate big index fund

Agricultural Bank of China will be counted on a number of indices in the near future, and research institutes have pointed out that the "index adjustment effect" is expected to support the continued rally of AgBank's share price. Typically, when a stock is transferred into the constituent stocks, its share price tends to rise markedly, and when it comes up, the share price will fall, which is called the "exponential adjustment effect" in the market.　　The main reason for this phenomenon is that index fund managers buy and sell stocks. It is reported that international investors value the important index MSCI has announced, July 29 onwards, the index of ABC.　　AgBank has weighed more than 1% per cent on the index, while the world's ETF and index funds, which track the index, have nearly 2.5 billion dollars. Another landmark index, the FTSE China 25 index (Xinhua FTSE 25), will also include AgBank in its index calculations during the recent quarterly review, with AgBank weighing nearly 4.3% per cent. The ETF index, which tracks the index, is nearly $9 billion trillion, assuming the funds are proportional to AgBank's demand for nearly $400 million trillion.　　In addition, the H-share index will include AgBank in the next quarterly adjustment, which is expected to weigh more than 2.5%, with nearly 100 million dollars in demand from ETFs and index funds. Starting from July 29, AgBank's A-shares will be counted into a series of indices such as the Shanghai Composite Index and Shanghai-Shenzhen 300.　　According to the index compiling principle estimates, the Agricultural Bank of China stock index is estimated to be about 4.48%, the Shanghai 50 Index of about 0.41%, the Shanghai 180 Index about 0.37%, the Shanghai and Shenzhen 300 index about 0.62%, the 100 Index of about 0.33%.　　According to statistics, investment in the above index of a-share index fund up to 44, the total net asset value of 47.39 billion yuan, in accordance with the weight calculation, the agricultural bank A-share index, the index fund will produce nearly 1.5 billion of the configuration needs. Some market participants pointed out that the recent agricultural Bank of the rise in volume, indicating that the market has begun to pay attention to agricultural bank and actively positions. At present, ABC's turnover rate has more than 100%, the reference work, construction, the three major lines of experience, in the turnover rate of more than 100%, the toss gradually out, the daily turnover rate will basically stabilize between 2% to 3%. Given that index funds typically complete their positions within 10th of the stock entry index, AgBank's share price will be more dynamic in the short term.