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Partial inclusion of Chinese shares in MSCI on the way?
Speculation might have caused the jump in A-shares last week
Published Sun, Jun 5, 2016 · 09:50 PM
IT IS that time of year again - when the annual review of index provider MSCI on June 15 decides whether to include China's A-shares into its emerging markets (EM) index.
A-shares on May 30 jumped more than 3 per cent on no obvious news, and continued to outperform a few days later.
Market chatter points to a renewed excitement of a potential inclusion, which was fanned noticeably by Goldman Sachs raising the odds of a positive outcome to 70 per cent, from a coin-toss previously.
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