SHANGHAI  - FTSE Russell said it will add Xiaomi Corp and Luokung technology back to its global indexes.

Xiaomi will be added to FTSE GEIS in two tranches, with 50 percent added effective from the open on June 7, and 50 percent added from the open on June 21, FTSE said in a statement.

ALSO READ: Xiaomi revenue increases by 34.5% in third quarter

Luokung will be added to FTSE GEIS in conjunction with the June 2021 review, effective from the open on June 21.

READ MORE: Xiaomi shares soar in Hong Kong after US$1.3b buyback plan

The announcement came after the United States decided to remove Xiaomi and Luokung from a government blacklist.