By Martin Gøttske
China’s assimilation into the global financial marketplace took another step forward when index-provider MSCI Inc said it would include Chinese mainland-traded Chinese equities or A shares in its emerging markets index.
This marks a key victory for the Chinese government, which has been working to open up its capital markets. The development is also seen as a pivotal moment for global investment in China’s capital markets and a major step toward global acceptance of Chinese stocks.
MSCI Inc said 222 China A large-cap stocks will be included on a gradual basis beginning in 2018.