Phoenix Publishing and Media Inc was recently added to the MSCI China Index for the first time, according to Morgan Stanley Capital International.

Launched by MSCI, the MSCI Index is one of the most influential stock indexes in the world and the international stock benchmark adopted by investors.

The MSCI China Index is dedicated to evaluating the performance of large and medium-sized stocks in China. The stocks include enterprises that have large operational entities in China with sound operating performance and development potential.

PPM's inclusion in the MSCI China Index is a recognition of the company's performance, governance, and value by the international capital market and is helpful in attracting international investors.