Index provider MSCI has unveiled a list of 234 Chinese mainland-listed stocks to be added to its flagship emerging markets index, an inclusion that represents a key development in the opening of the country’s markets to overseas investors.
After months of tweaks, MSCI on Tuesday published the final list of Chinese companies for inclusion in the index at the end of May. The index is used as a benchmark for some $1.6tn of assets globally.
The stocks to be added span sectors ranging from banking, such as Industrial and Commercial Bank of China and Bank of China, to real estate, including developer China Vanke, and consumer brands such as Qingdao Haier.
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