Hopes are rising for inclusion of China shares on MSCI

Hong Kong

THE chances of MSCI Inc adding China-listed shares to its global index have risen significantly since it proposed to cut the number of companies to be included, investors say, but capital controls and market access snags may still pose a hurdle.

New York-based index provider MSCI will announce in June if it will add yuan-denominated Chinese shares, or A shares, to its Emerging Markets Index, a move that could draw up to US$400 billion into China stocks over the next decade.