China Official Says A Shares in MSCI ‘Historical Certainty’
- Securities regulator comments days before MSCI decision
- Qi Bin says China has addressed several MSCI concerns
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The inclusion of yuan-denominated A shares in a MSCI Inc. index is a “historical certainty” that will eventually happen, a Chinese securities regulatory official said just days before an announcement on the components of the benchmark.
Qi Bin, head of the China Securities Regulatory Commission international affairs department, made the comments during a panel Sunday at an annual government-backed financial industry forum held in Shanghai’s Lujiazui financial district. The event featured People’s Bank of China Deputy Governor Zhang Tao and other officials from the nation’s banking and insurance industry regulators.