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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
HSBC has no plans to dispose of further businesses, chairman says
Glencore-backed group said near deal for Shell Singapore assets
Chinese share of French EV market slumps after incentives curbed
ARA H-Trust Q1 net property income up marginally to US$6.4 million
JPMorgan unveils IndexGPT in next Wall Street bid to tap AI boom
Morgan Stanley, Frasers settle UK lawsuit over US$1 billion margin call