China A shares set to get boost from MSCI inclusion

Tokyo

THE inclusion of 222 Chinese A shares in the MSCI emerging markets index, confirmed overnight on Tuesday in New York, takes the development of China's stock markets and renminbi internationalisation a significant step further forward, analysts say.

The decision to add the shares, including those of some Chinese blue-chip companies, to the internationally recognised benchmark index after three previous attempts failed was greeted as a symbolic victory for Chinese authorities.