China A-shares are "on track for inclusion" in MSCI global benchmarks after "a few important remaining issues related to market accessibility have been resolved", the group said on Tuesday.
MSCI said that it would form a working group with the China Securities Regulatory Commission over the coming months to settle the points in question and that a decision could be announced as soon the issues are addressed.
"Substantial progress has been made toward the opening of the Chinese equity market to institutional investors," said Remy Briand, MSCI Managing Director and Global Head of Research. "In our 2015 consultation, we learned that major investors around the world are eager for further liberalization of the China A‐shares market, especially with regard to the quota allocation process, capital mobility restrictions and beneficial ownership of investments."