The world’s leading equity index provider, MSCI, took its biggest step yet to integrate China’s domestic stock markets with international capital on Friday in a move that could see an estimated $125bn flowing into Chinese equities this year.
MSCI announced it would quadruple China’s weighting in its flagship emerging markets index, an influential benchmark tracked by $1.9tn of funds, to 3.3 per cent by November this year from 0.71 per cent.
Funds that benchmark their performance against the index are obliged to buy the underlying stocks, triggering inflows to China.
您已阅读12%（570字），剩余88%（4297字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。