Global index provider MSCI announced on Tuesday that it would include 222 Chinese A-shares, stocks dominated in yuan and listed in either Shanghai or Shenzhen, into the MSCI Emerging Markets EM Index and the MSCI ACWI All Country World Index Index beginning in June 2018.
Those stocks, most of which are already trading on the restricted stock connect trading link between mainland China and Hong Kong, would account for just 0.73% of the overall MSCI market initially. But that weighting may grow if China continues to open its stock market.
The move will create $17.4 billion worth of demand for Chinese stocks from...
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