MSCI Adds 17 and Drops 13 China Stocks From Two Indexes

What’s new: Global index provider MSCI Inc. plans to add 17 and drop 13 China stocks from two of its widely followed equity indexes, the company said.

One of the losers, Hong Kong-traded Haichang Ocean Park, a Shanghai theme park operator, plunged 10% in early-morning trading Friday on news it will fall out of the MSCI China All Shares Index in the quarterly revision. All of the changes will be implemented at the close of trading Feb. 28, MSCI said.