September 26, 2017 |
China’s push to open up its mainland markets to global investors took a step forward when the US index provider MSCI announced plans to add Chinese shares to its emerging markets index.
The decision in late June that Chinese domestic stocks would make up 0.7% of the MSCI Emerging Markets Index by August 2018 could trigger an initial cash influx of more than $15 billion into China’s A shares as index-tracking funds rejigger their portfolios and global asset managers plunge into the world’s second-largest stock market.
MSCI has announced a two-phase push to gradually add about half of China’s A-listed companies at the start of next year. The shares of 222 large-cap companies, which include
Latin American investment teams are tracking the changes in China’s markets, with many welcoming the expansion of options