FinVolution Group Announces Inclusion in FTSE Russell Indexes
FinVolution Group, a FinTech platform in China, has announced that it will be added to the FTSE Global Equity Index Series (GEIS), including the FTSE Global All Cap Index and FTSE Global Small Cap Index.
“The inclusion of FinVolution in the FTSE Russell indexes marks another milestone in our successful equity story and continues to enhance our investment appeal and visibility among global investors,” Mr. Feng Zhang, the Chief Executive Officer of FinVolution, commented. “The inclusion is also a testament to the Company's growth story and our leading position in the FinTech sector. With our relentless commitment to cutting-edge technologies, sophisticated credit risk management framework and strong execution capabilities, we are well-positioned to deliver long-term value to all shareholders through the next phase of our expansion.”
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide, calculating thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally, explained FinVolution in a press release.
FTSE Russell indexes are used extensively by institutional and retail investors globally. Being part of this widely tracked index is expected to increase the attractiveness of FinVolution's shares to potential international investors and further diversify the Company's overall investor base.