MSCI said it would add 34 new securities and exclude 24 securities after the February index review. The top three new components of the MSCI World Index by total market capitalization will be Atlassian, Axon Enterprise and Reliance Steel & Aluminium. The three largest new components of the MSCI Emerging Markets Index by total market capitalization will be Bank of Baroda, AiXu and South Korea’s Kakaopay. The three new constituents include HNA Holdings, Hainan Airport and Zhonggong Education. The changes will take effect at the close of trading on February 28. Since the MSCI China Index is nested into the MSCI Emerging Markets Index, the entry of stocks into the MSCI China Index means entering the MSCI Global Standard Index series and will receive a large number of passive capital tracking.