MSCI to Boost China Stocks Weighting as Bull Market Builds
- Increase will occur in three stages, index compiler says
- Chinese equities have surged this month after woeful 2018
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MSCI Inc. will expand the weighting of China-listed shares in benchmark indexes tracked by global investors, a decision that could see billions of dollars flow into one of the world’s most volatile major stock markets.
The increase will occur in three steps this year beginning in May, with the weighting of Chinese A shares ultimately rising to 3.3 percent of the MSCI Emerging Markets Index in November from 0.72 percent, the company said in a statement. Shares listed on the tech-heavy ChiNext board will join its indexes for the first time.